DESCRIPTION
The subject property provides ground floor accommodation last used as a shop. The property has the benefit of a sales area with WC and kitchen facilities.
ACCOMMODATION
The property includes the following gross internal areas:
Ground Floor - 46.29 sq m / 498 sq ft
TERMS
The premises are available by way of a new effective full repairing and insuring lease at a rent of £9,500 per annum (exclusive). All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
2023 - £7,100
The Small Business Rate for the year 2025/2026 is 49.9 pence in the pound.
ANTI-MONEY LAUNDERING
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.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.~
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of C(60).
VAT
All figures are exclusive of VAT where chargeable.
IMPORTANT NOTE:
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract. All terms are subject to contract.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
