21/21A, Jackson Street, Gateshead, Tyne and Wear, NE8 1EE.

DESCRIPTION

The property compromises two ground floor units. Both units provide a retail/sales accommodation to the front with storage space to the rear. 21 Jackson Street benefits from a kitchenette and WC facilities located to the rear, together with a roller shutter door providing a rear loading access. 21A Jackson Street has not been internally inspected, however it is understood to be of a similar layout and specification.

Accessed separately via an external entrance, the first-floor accommodation comprises a large open-plan space with the benefit of a roller shutter loading door. The premises have previously been used as a depot and offer flexible accommodation suitable for a variety of alternative uses, subject to any necessary consents.

ACCOMMODATION

The property includes the following gross internal areas:

21 Jackson Street GF 91.14 sq m 981 sq ft

21A Jackson Street GF 100 sq m / 1,076 sq ft

21/21A Jackson FF 242 sq m / 2,604 sq ft

Total 433.14 sq m / 4,663 sq ft

PROPOSAL & TENURE

We are instructed to seek offers excess of £210,000 for our client’s freehold interest

LEASE TERMS

Both ground floor properties are let. 21A Jackson Street is let on a 7 year term from March 2026, and the tenant in 21 is currently holding over. The first floor accommodation at 21/21A Jackson Street is currently vacant. The current passing rent is £21,500 per annum.

ENERGY PERFORMANCE CERTIFICATE

21 Jackson Street - an EPC has been commissioned and will be available shortly.

21A has an Energy Performance Certificate rating of E(23

First Floor 21/21A Jackson Street—an EPC has been commissioned and will be available shortly.

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 purchaser.

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All figures are exclusive of VAT where chargeable.