MapOffice
Office
Letting details
- Available now
Features and description
First floor former hair salon premises
Prominent retail parade location
Nearby occupiers include Subway, Greggs and Tesco Express
Close to Four Lane Ends Metro and Bus Interchange
DESCRIPTION
The premises comprise a first floor former hair salon in a terraced row of retail units immediately above Subway. The majority of the premises are laid to a hair salon with an office and toilet facilities.
ACCOMMODATION
The property briefly comprises:
Sales Area - 670 sq ft 62 sq m
TERMS
The premises are available by way of a new full repairing and insuring lease at a rent of £8,250 per annum (exclusive). All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment for the future appearing on the 2023 Valuation List is as follows: -
Shop and premises: £4,450
The Small Business rate for the year 2024/2025 is 49.9 pence in the pound. Due to the Rateable Value being beneath £12,000 we understand that small business relief may be available. All interested parties are urged to make their own enquiries in this regard.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
EPC
The property has an energy performance certificate rating of D(87).
VAT
We are advised that the property is not elected for VAT
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
VIEWING
By appointment only through GFW.
The property is located in a prominent position within a busy parade of shops situated approximately 3 miles north of Newcastle upon Tyne city centre. Four Lane Ends Bus and Metro Interchange is located to the north of the street whilst Northumbria University’s Coach Lane Campus is located due east. Nearby occupiers include Subway, Greggs, Iceland and a Tesco Express / Esso garage. The property is also very close to the HMRC, Department for Work & Pensions as well as the Ministry of Pensions.
Prominent retail parade location
Nearby occupiers include Subway, Greggs and Tesco Express
Close to Four Lane Ends Metro and Bus Interchange
DESCRIPTION
The premises comprise a first floor former hair salon in a terraced row of retail units immediately above Subway. The majority of the premises are laid to a hair salon with an office and toilet facilities.
ACCOMMODATION
The property briefly comprises:
Sales Area - 670 sq ft 62 sq m
TERMS
The premises are available by way of a new full repairing and insuring lease at a rent of £8,250 per annum (exclusive). All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment for the future appearing on the 2023 Valuation List is as follows: -
Shop and premises: £4,450
The Small Business rate for the year 2024/2025 is 49.9 pence in the pound. Due to the Rateable Value being beneath £12,000 we understand that small business relief may be available. All interested parties are urged to make their own enquiries in this regard.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
EPC
The property has an energy performance certificate rating of D(87).
VAT
We are advised that the property is not elected for VAT
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
VIEWING
By appointment only through GFW.
The property is located in a prominent position within a busy parade of shops situated approximately 3 miles north of Newcastle upon Tyne city centre. Four Lane Ends Bus and Metro Interchange is located to the north of the street whilst Northumbria University’s Coach Lane Campus is located due east. Nearby occupiers include Subway, Greggs, Iceland and a Tesco Express / Esso garage. The property is also very close to the HMRC, Department for Work & Pensions as well as the Ministry of Pensions.
Property information from this agent
About this agent
GFW has been selling and letting property successfully since 1979. Established as one of the region's foremost experts, we offer unrivalled coverage across Northern England and Southern Scotland. We are a local agent who prides ourselves on being reliable, professional and friendly. We are dedicated to providing an honest and compliant service, and as members of ARLA PropertyMark, we are always up to date with the latest legislation in order to protect both landlords and tenants.