£12,500 pa
(£11.29/sq. ft. pa)
Retail premises to letStanhope Street, Newcastle Upon Tyne NE4
1,107 sq. ft
Just added
About this property
Prominent unit adjacent to Iceland.
Suitable for a variety of uses under Use Class E, subject to consents.
Available immediately.
Parking on-street and off-street.
Benefits from an adjacent free cash withdrawal machine.
Location/situation
Located just off Bararck Road on Stanhope Street and 1 mile west of Newcastle City Centre, the unit forms part of Iceland’s demise and sits adjacent the Frozen Food retailers main entrance as well as an active, free cash point.
There is a bus stop opposite linking Newcastle City Centre, and free on street parking to the front and free parking to the rear via a private car park. Both Westgate Primary and Moorside Primary are ~100m from the subject unit and the site is surrounded by dense residential.
Accommodation
Currently arranged over ground floor only, the unit has the following approximate floor areas:
253a Stanhope Street
Ground Floor 102 sq m 1,097 sq ft
WC 4.4 sq m 10 sq ft
Lease terms
A new sub-lease on an effectively fully repairing and Insuring basis for a term to be agreed is available at a rent of £12,500 per annum exclusive.
EPC
The property has an Energy Performance rating of C.
Business rates
Rateable Value £10,250
Estimated Rates Payable April 26/27 £0.00
*Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
In accordance with Anti Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Viewing
For enquiries, viewing, and general information, please contact @retail:
Oliver Sunderland
E:
M:
Located just off Bararck Road on Stanhope Street and 1 mile west of Newcastle City Centre, the unit forms part of Iceland’s demise and sits adjacent the Frozen Food retailers main entrance as well as an active, free cash point.
There is a bus stop opposite linking Newcastle City Centre, and free on street parking to the front and free parking to the rear via a private car park. Both Westgate Primary and Moorside Primary are ~100m from the subject unit and the site is surrounded by dense residential.
Accommodation
Currently arranged over ground floor only, the unit has the following approximate floor areas:
253a Stanhope Street
Ground Floor 102 sq m 1,097 sq ft
WC 4.4 sq m 10 sq ft
Lease terms
A new sub-lease on an effectively fully repairing and Insuring basis for a term to be agreed is available at a rent of £12,500 per annum exclusive.
EPC
The property has an Energy Performance rating of C.
Business rates
Rateable Value £10,250
Estimated Rates Payable April 26/27 £0.00
*Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
In accordance with Anti Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Viewing
For enquiries, viewing, and general information, please contact @retail:
Oliver Sunderland
E:
M:
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