£14,000 pa
(£14.03/sq. ft. pa)
Restaurant to letDurham Road, Gateshead NE9
998 sq. ft
Furnished
About this property
Location
The premises are located on Durham Road, Gateshead.
Located mid terrace on a setback retail parade, the surrounding occupiers offer a combination of retail, leisure commercial.
Durham Road is a busy location with high traffic and pedestrian foot flow.
It offers strong communication links to the surrounding area, whilst benefiting from all local amenities and transport links.
The exact location is shown on the attached location plan.
Description
The subject property is located on the first floor above a Chinese takeaway, with a dedicated entrance on the ground floor.
Formerly a wine bar restaurant (The Place Upstairs) the property is fully fitted out and functional to operate.
Access to the first floor is by a main stair leading to a reception, WC facilities and bar.
The main restaurant area offers circa 34 covers, in its current layout. The fully fitted commercial kitchen is accessed to the rear with additional stores.
In addition, there is first floor external storage with fire exit leading to the communal platform perimeter balcony.
Externally, behind the property is communal car parking and loading facilities.
Accommodation
From onsite measurements the areas have been calculated as follows (NIA):
First Floor
Restaurant / Bar / Kitchen & Stores
total (NIA): 92.70 m²
(988 sq ft)
Services
It is understood the site and premises benefit from all mains services including electric, gas, water and drainage.
(It is recommended that all interested parties contact the local service providers to ensure that the services are operational.)
Business rates
It is understood from the Local Rating Authority that the premises are assessed at
rv £8,400
Tenure
The accommodation is available on new Fri leases for a term of years to be agreed.
Rent
£14,000 p.a. (exc)
Incentives may be available subject covenant and lease term.
Rent bond
The landlord will require a 3 month rent bond to be held for the duration of the lease.
Energy performance certificate
C – 57
Full details available upon request.
VAT
VAT will not be chargeable.
Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
Viewing
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
April 25
The premises are located on Durham Road, Gateshead.
Located mid terrace on a setback retail parade, the surrounding occupiers offer a combination of retail, leisure commercial.
Durham Road is a busy location with high traffic and pedestrian foot flow.
It offers strong communication links to the surrounding area, whilst benefiting from all local amenities and transport links.
The exact location is shown on the attached location plan.
Description
The subject property is located on the first floor above a Chinese takeaway, with a dedicated entrance on the ground floor.
Formerly a wine bar restaurant (The Place Upstairs) the property is fully fitted out and functional to operate.
Access to the first floor is by a main stair leading to a reception, WC facilities and bar.
The main restaurant area offers circa 34 covers, in its current layout. The fully fitted commercial kitchen is accessed to the rear with additional stores.
In addition, there is first floor external storage with fire exit leading to the communal platform perimeter balcony.
Externally, behind the property is communal car parking and loading facilities.
Accommodation
From onsite measurements the areas have been calculated as follows (NIA):
First Floor
Restaurant / Bar / Kitchen & Stores
total (NIA): 92.70 m²
(988 sq ft)
Services
It is understood the site and premises benefit from all mains services including electric, gas, water and drainage.
(It is recommended that all interested parties contact the local service providers to ensure that the services are operational.)
Business rates
It is understood from the Local Rating Authority that the premises are assessed at
rv £8,400
Tenure
The accommodation is available on new Fri leases for a term of years to be agreed.
Rent
£14,000 p.a. (exc)
Incentives may be available subject covenant and lease term.
Rent bond
The landlord will require a 3 month rent bond to be held for the duration of the lease.
Energy performance certificate
C – 57
Full details available upon request.
VAT
VAT will not be chargeable.
Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
Viewing
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
April 25
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