MapShop to rent
Letting details
- Long term let
Features and description
- Newly refurbished retail unit
- Available now
- Flexible lease terms
- Free car parking
- Rent £12,250 per annum
The property comprises a ground floor shop within a three-storey terraced building consisting of residential flats above. The shop enjoys a large glazed frontage and is fitted out to a good standard.
Internally the property comprises an open plan retail area to the front with a storage room to the rear and w.c. facilities. The shop is fitted out to a good standard with concrete flooring, surface mounted strip lighting and a fire protection system. There is a door to the rear which provides access to a small rear yard.
Rooms
LOCATION
Whitley Bay is a popular seaside town situated approximately 10 miles north east of Newcastle upon Tyne.
The town is home to a number of national operators including Morrisons, Holland & Barrett, Greggs, B&M and several high street banks including Nat West and HSBC.
The subject property is located at Whitley Lodge Shopping Centre in Whitley Lodge which is a densely populated area of Whitley Bay that benefits from having a first school within close proximity of the Shopping Centre.
The Shopping Centre is anchored by Tesco with other neighbouring retailers including a post office, bathroom showroom, hair salon, barber shop, beauty salon, blind store, café and various takeaway establishments.
DESCRIPTION
The property comprises a ground floor shop within a three-storey terraced building consisting of residential flats above. The shop enjoys a large glazed frontage and is fitted out to a good standard.
Internally the property comprises an open plan retail area to the front with a storage room to the rear and w.c. facilities. The shop is currently undergoing refurbishment works. There is a door to the rear which provides access to a small rear yard.
ACCOMMODATION
We have measured the property as providing the following net internal floor area:
61.04 sq m
(657 sq ft)
LEASE TERMS
The accommodation is available to let on a new lease for a term of years to be agreed.
RENT
The accommodation is available to let at a rent of £12,250 per annum exclusive of service charge and building insurance
VAT
The property is not registered for VAT therefore VAT is not payable on the rent.
RATEABLE VALUE
The property has a rateable value of £10,500. Interested parties should contact the Local Authority to establish the rates payable.
It is likely that most occupiers may benefit from small business rates relief and therefore it is unlikely that business rates will be payable.
LEGAL COSTS
Each party are to bear their own legal costs in connection with the preparation and execution of the lease.
LOCAL AUTHORITY
North Tyneside Council, Quadrant, The Silverlink North, Cobalt Business Park, North Tyneside, NE27 0BY
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