Commercial Property for rent - Chillingham Road, Newcastle upon Tyne, Newcastle upon Tyne, Tyne and Wear NE6, UK

£20,000 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Categories:

Commercial Property, Mixed Use Property, Shops

Listed on:

20-08-2015

Commercial

Byker

831 ft²


Description

Location

The property is located on Chillingham Road in Heaton at its junction with Meldon Terrace and within a small retail parade which forms part of an extremely busy secondary shopping street. There is free pull in roadside parking close to the front of the shop and extremely high levels of passing trade. Captive trade is generated by the high number of local residents. The unit benefits from electric roller shutter security and occupiers on the street include Tesco Express, Greggs The Bakers, Lloyds Bank and Boots the Chemist.

Description

The property comprises a ground floor retail which operated as a former Kitchen & Bathroom showroom which was arranged across 3 interconnecting units.

Accommodation

The property has been measured in accordance with the RICS Code of Measuring Practice and has the following Gross Internal Areas (GIA):

Ground Floor 831 sq.ft (77.2 sq.m)

Legal Costs

Each Party will be responsible for their own legal costs.

VAT

VAT is not applicable.

Terms

The premises will be let by way of a new full repairing and insuring lease for a minimum of 5 years. Asking rent is £20,000 per annum.

Planning

We understand the premises have planning permission for use as A1 (Retail) under the Town & Country Planning (Use Classes) order 1987 (as amended). For confirmation please contact the local council's planning department

Business Rates

We are advised that the property is currently entered into the Valuation List as follows;

Description: Shops and Premises

Rateable Value (2010 List): £14,250

Further Information and Viewings

Viewings are strictly by appointment through this office




Disclaimer

Property reference: cplhd6d5ap

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by North East Commercial Property Ltd. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

This property is marketed by:

North East Commercial Property Ltd
4 The Staithes, Watermark, Dunston

View more properties from this agent

Reference: cplhd6d5ap

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