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Retail Unit | IDEAL AS STARTER BUSINESS | Low Rent | High Street, Gateshead | C1229
Description : 17 Apr, 2023
Features
+ £4,264 per annum (£82pw)
+ Total area 346sqft (32.1sqm)
+ Ready to move into (The previous tenant is prepared to sell their business and equipment at a low price)
+ Unit Located Just Off the A184.
+ Close to public transport links and Gateshead Interchange.
+ Close to Trinity Square.
+ Retailers nearby include Home Bargains, TSB Bank, Shipcote Furniture and more.
+ Free public car parking seconds away.
Location
This retail unit is ideally located on High Street, in Gateshead Town Centre. It is just off the A184 and is close to Trinity Square the Gateshead Interchange and many popular national retailers including Home Bargains, TSB Bank, Shipcote Furniture and more.
Description
This centrally located property is ideal for starting or relocating your business. With its E License it can be used as a shop restaurant, café or anything else you choose. The former tenant is willing to sell the business, fixtures and fittings for a modest few thousand pounds subject to negotiations.
Alternatively should the new tenant wish the equipment will be removed to allow for any other business to take a lease. The unit consist of a customer order counter, modern fitted kitchen, toilets and rear yard which boasts of a plastic roof. The unit is secure and benefits from external roller shutters, it is available for immediate occupation.
modation
The prises the following approximate Net Internal Areas:
Ground Retail Zone A: 23.7sqm 255sqft
Ground Retail Zone B: 0.7sqm 7.5sqft
Ground Internal Storage: 0.8sqm 8.6sqft
Ground Internal Storage: 6.9sqm 74sqft
Ground Total Area: 32.1sqm 346sqft
Lease Terms
The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at mencing rent of £4,264 per annum exclusive.
The potential lease will be for about two years as the landlord may have plete pulsory sale to the council under a CPO order, if the council decide to action it in this area. This is ideal opportunity for a new start up who majority of business will be deliveries.
Business Rates
The current rating assessment is as follows: Shop & Premises £3,000.00.
The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief.
For further information please contact Gateshead Metropolitan Borough Council.
Legal Costs
The Tenant is to reimburse the Landlord for all reasonable legal costs with regards pleting the Lease.
VAT
All figures quoted are exclusive of VAT where chargeable.
Viewing
By appointment through sole agents, Thrower Stone Group.
Subject to Contract
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