A prominently located self-contained ground floor retail unit on a popular parade of shops on the outskirts of Newcastle town centre. The property has a lower and upper level sales area with stud walls added by the current tenant to create separate treatment rooms. Internally partitioning can be removed to create a larger open plan space if required by the ingoing tenant. The unit briefly comprises a sales area, staff area with toilets and kitchen at the back with rear fire exit. The unit benefits from UPVC double glazed windows and combi boiler powered central heating. The property is currently occupied by a tattoo artist but would suit any type of retail, financial services or office use.
Location
Prominently located on King Street (A53), the property forms part of an established parade of mixed-use commercial properties and is next door to Well Pharmacy and John Belfield Hair & Beauty. The town centre is approximately 500 yards and there is on street parking to the front as well as a large public car park to the rear.
Accommodation
Ground Floor Sales area 675 sq ft Office 48 sq ft Kitchen 187 sq ft WC -- Total 910 sq ft
Terms
Available by way of a new Internal Repairing and Insuring lease for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.
Specification
SERVICES
All mains services are connected. Heating is provided by gas fired central heating. No services have been tested by the agents.
VAT
The rent is not subject to VAT
BUSINESS RATES
Rateable value £8,000 Rates payable £3,992 pa (24/25) Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.
ANTI MONEY LAUNDERING REGULATIONS
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.