NORTH EAST COMMERCIAL AGENTS & PROPERTY CONSULTANTS
CALL: 0191 229 9517 EMAIL: james.pain@frewpain.co.uk
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GROUND FLOOR RETAIL UNIT
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NIA : 826 SQ FT (76.70 m²)
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EXCELLENT MAIN ROAD FRONTAGE WITHIN BUSY LOCATION
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COMPETITIVE RENT / FLEXIBLE TERMS
241-243 JESMOND ROAD, NEWCASTLE UPON TYNE,
NE2 1LA
LOCATION
The property is located on Jesmond Road, Jesmond, Newcastle upon Tyne.
Situated on the corner of Jesmond Road And Osborne Avenue, it offers excellent frontage and passing traffic.
Surrounding occupiers are of mixed commercial, leisure and residential uses.
All local amenities are close by including shops and public transport.
The exact location is shown on the attached plan.
DESCRIPTION
The property comprises of a high visible ground floor retail unit. Formally occupied by a dry cleaning company, the unit could be used for a variety of uses subject to landlords consent and satisfactory planning permission.
Internally the unit has been stripped out of all previous fixtures & fittings to provide a bare shell.
The accommodation is split over two units / levels offering open sales with rear welfare and WC facilities.
ACCOMMODATION
From onsite measurements the following areas (NIA) have been calculated :
Retail: 826 sq ft (76.70 m²)
SERVICES
It is understood that all mains services are connected to the property.
(Further enquiries regarding services should be directed at the main utility operators).
RATING LIABILITY
The property is assessed for business rates with a rateable value of £17,000.
(All parties should satisfy themselves with the Local Rating Authority.)
TENURE
Available on a new, effectively Full Repairing and Insuring lease for a term to be agreed.
Incentives may be available subject to lease and covenant.
ENERGY PERFORMANCE CERTIFICATE
Full details upon request
RENT
Our client is seeking a rent of £20,000 per annum exclusive.
LEGAL COSTS
The ingoing tenant will be responsible for the landlord’s reasonable legal charges in preparing the lease together with any stamp duty thereon.
VAT
All prices quoted are exclusive of VAT at the prevailing rate.