Retail property (high street)

A ground retail premises located within a busy town centre shopping location at Bedford Street in North Shields, Tyne and Wear.
The property has the benefit of traditional shop window frontage, main sales area to ground floor, kitchen and WC.
Suitable for a variety of retail uses, subject to Landlord and Local Authority Consents The premises are available by way of new negotiation subject to Full Repairing and Insuring Terms.

Material Information - RENT: £12,000 pa
SERVICE CHARGE: None.
TERM: The unit is available by way of a new commercial tenancy with terms to be agreed. Proposals will be considered on an individual basis.
DEPOSIT: Required, amount to be negotiated.
PROPERTY TYPE: Shop/Retail
UTILITIES: Electricity and water.
PARKING: On nearby streets and car parks within Town Centre

Location - The subject property is located on Bedford Street, North Shields, Tyne and Wear. The location is a busy secondary retail part of the Town Centre that serves a sizeable local population and surrounding communities on the North bank of the River Tyne around 8 miles east of Newcastle City Centre.

Description - The accommodation comprises a retail shop fronting onto Bedford Street.
Glazed shop front with automatic door.
Main retail area leading to partitioned offices and storage cupboard
To the rear of the premises a kitchen, disabled WC and single WC fitted with fitted with white wash hand basin.
The property does not have access to external space.
Parking on nearby street, pay and display.

Accommodation - Ground floor retail area 34 sq m (365 sq ft)
Remaining ground floor retail area 48 sq m (516 sq ft)
Kitchen 12 sq m (129 sq ft)

The Net Internal Area (NIA) is 94 sqm (1011 sq ft)

Services - We understand the property is connected to mains electric and water supply . All interested parties should satisfy themselves with the local service providers.

Planning - The existing use of the property is class E (Commercial, Business and Service) and interested parties should establish whether any alternative use would be to the satisfaction of the landlord and North Tyneside Council.

Rating Liability - According to the Valuation Office Agency (VOA) website and the premises currently has a Rateable Value of £12,000.

Energy Performance Certificate - EPC rating B (46)

Rent - The rent is £12,000 per annum, payable monthly in advance. A damage deposit is also required by the landlord.

Tenure - The property is available by way of a new full repairing and insuring lease arrangement. The proposed tenant should ensure that they seek legal advice to confirm the nature and extent of their obligations when entering in to this form of legal obligation prior to signing a tenancy agreement.

Vat - All prices quoted are exclusive of VAT at the prevailing rate.

Money Laundering - In accordance with the Anti-Money Laundering Regulations the applicants will be required to provide two forms of identification and proof of the source of income.

Legal Costs - Each party will be responsible for their costs in the transaction.

Client Monies Protection Scheme - R A Jackson & Son LLP is a proud member of the RICS. The RICS Client Money Protection for Residential Agents scheme has been approved by Government under the The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018. This means that RICS registered firms holding money in the areas covered by the regulations, will have met the requirements under The Client Money Protection Scheme for Property Agents Regulations (2018) to belong to an approved scheme. Further information can be found at
Property Redress Scheme - R A Jackson & Son LLP are part of The Property Ombudsman. Membership number T01923.