Retail premises to let

Location:

Located on bustling Jackson Street in Gateshead Town Centre, this retail unit is perfectly positioned on a major retail thoroughfare leading to the Gateshead Interchange bus concourse and Metro station. With its prime location, the property benefits from high footfall and convenient access to public transport. The Tesco Trinity shopping scheme, which offers free parking, is just a short 20-second walk away. You'll be in good company, with well-known retailers like Tesco Extra, Subway, Lloyds Bank, Poundland and Home Bargains nearby.

Property Description:

This versatile retail space is suitable for a wide range of business uses. It features a spacious retail room and staff toilets, all secured with external roller shutters for peace of mind. The unit is clean, tidy, and ready for you to move in and start trading.

Accommodation:

The accommodation comprises the following approximate Net Internal Areas:

Retail Zone A: 219.5 sqft (20.4 sqm)
Retail Zone B: 199.1 sqft (18.5 sqm)
Retail Zone C: 11.8 sqft (1.1 sqm)
Total Area: 430.5 sqft (40 sqm)

Lease Terms:

The property is available on a new full repairing and insuring lease for a term of years to be agreed, with regular rent reviews. The starting rent is £10,296 per year, exclusive.

Business Rates:

The current rating assessment is £6800 for Shop & Premises. Your business might qualify for a rate reduction, and in some cases, you might not have to pay anything. For more details, contact Gateshead Metropolitan Borough Council.

Legal Costs:

Please note, the tenant is responsible for reimbursing the landlord’s reasonable legal costs related to completing the lease.

VAT:

All figures quoted are exclusive of VAT, where applicable.

Viewing:

To arrange a viewing, please get in touch with the sole agents, Thrower Stone Group.