M Park Collingwood is a modern, single storey retail parade providing approximately 13,950 sq ft of space in 14 units. The parade forms part of a local convenience retail scheme which is anchored by an 85,000 sq ft Morrisons food store and petrol filling station with other tenants including the likes of Card Factory, Indigo Sun, Dominos, Bet Fred, Westway Vets and Subway. There are also over 600 free parking spaces.
Location
M Park Collingwood is prominently situated in the heart of the North Tyneside region, just off the busy roundabout intersection of Preston North Road. The site is anchored by an 85,000 SQFT Morrisons food store and petrol station, and has frontage onto a large surface car park providing over 600 shared vehicle spaces, as well as secure, private rear servicing and additional staff parking.
Accommodation
Unit 13/14 has the following approximate area : Ground floor : 2,744 sq ft (255 sq m) The unit could be split to create two units, each having an area of approximately 1,356 sq ft (126 sq m).
Terms
RENT Unit 13/14: £45,000 per annum exclusive. Unit 13: £25,000 per annum exclusive. Unit 14: £25,000 per annum exclusive.
BUSINESS RATES The property has a Rateable Value of £41,000. Interested parties should satisfy themselves as to the Rateable Value, the availability of any relief and the actual rates payable by making their own enquiries to the Local Authority. If the unit is split, the property will be reassessed for business rates.
SERVICE CHARGE & INSURANCE A service charge is payable – details available on request. The landlord insures the premises and recovers the premium from the tenant. and easy access to Newcastle city centre, Gateshead and Sunderland
PLANNING An incoming tenant must satisfy themselves that their proposed use is acceptable to the Local Planning Authority.
LEGAL COSTS Each party is responsible for their own legal costs in connection with the granting of a lease.
ENERGY PERFORMANCE The property has an Energy rating in Band B (39). A copy of the Energy Performance Certificate is available on request.