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£4,420 per annum (£85pw)
Total area 431sqft (40sqm)
Prominent Position with High Footfall
Close to public transport links and Gateshead Interchange
Retailers nearby include Tesco, Nisa, Subway, Lloyds Pharmacy & The Post Office.
Free public car parking seconds away
Double Fronted Corner Shop
Busy High Street
Double Fronted Corner Shop on the busy high street of Coatsworth Road in Gateshead. Ideal for starting or relocating any business. Popular Location with prominent position and high footfall! Close to public transport links and Gateshead Interchange!
The property occupies a great position, on Coatsworth Road in Bensham. Coatsworth Road predominantly comprises of ground floor commercial units with upper floor residential accommodation. Vacancy rates are low, with this being a highly popular location due to its close proximity to Trinity Square/Newcastle and good transport links across the North East. Historically, Coatsworth Road has been the high street of Bensham for over 100 years, with local stores trading from this location to this day. Retailers on this road include Tesco Extra, Nisa Local, Subway, Ladbrokes, Lloyds Pharmacy and many various local retailers.
This double fronted corner shop offers a large amount of external shop display for advertising your business. There is a shop front area with additional facilities to the rear including a kitchen/store rooms and WC. The unit is secure and benefits from external roller shutters. The property is clean and tidy and is available for immediate occupation.
The accommodation comprises the following approximate Net Internal Areas. Ground Sales 431sqft (40sqm)
The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £4,420 per annum exclusive.
The current rating assessment is as follows: Shop & Premises £2,050.
The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact Gateshead Metropolitan Borough Council.
The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.
All figures quoted are exclusive of VAT where chargeable.
By appointment through sole agents, Thrower Stone Group.
For more information about this property, please contact Thrower Stone, NE8 on +44 191 490 6024 * (local rate)
Contact Thrower Stone about this property
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