DESCRIPTION
The property comprises a ground floor single storey mid-terraced retail unit. The unit benefits from a glazed frontage and wooden shop front with security roller shutter. It provides good retail space with frontage on to a parking area and visibility from Benton Road.
ACCOMMODATION
The property includes the following gross internal areas:
Sales Area 38.09 sq m / 410 sq ft
Back Shop 4.55 sq m / 49 sq ft
WC
Total 42.64 sq m / 458 sq ft
TERMS
The property is available to let on full repairing and insuring terms at a rent of £9,000 per annum. All of the terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
2026 - £6,700
2023 - £6,300
The Small Business Multiplier for the period from 1 April 2025 to 31 March 2026 is 49.9 pence in the pound.
With effect from 1 April 2026, the Small Business Multiplier will be 43.2 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(61)..
VAT
All figures are exclusive of VAT where chargeable..
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
