£17,000 pa

Retail premises to let

  1. Property photo 1 of 9.
  2. Property photo 2 of 9.
  3. Property photo 3 of 9.

£17,000 pa

(£14.15/sq. ft. pa)

Retail premises to let

Shop At 532 Durham Road, Low Fell, Gateshead NE9

1,201 sq. ft

Local area information

Property location

Nearby amenities

  • Kells Lane Primary School 0.2 miles
  • St Peter's Roman Catholic Voluntary Aided Primary School 0.4 miles
  • Dunston 1.9 miles
  • Heworth 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Ground floor shop available in popular location

Location
The property forms part of the well established strong local shopping area serving the Low Fell suburb of Gateshead. The retail area straddles the A167 Durham Road which serves as the principal arterial route towards Gateshead town centre.

The shopping area offers an excellent range of national, multiple and local retailers centered around a Co-op supermarket. Other multiple retailers include Greggs, Boots, Savers and Costa. There are also a number of public houses and restaurants nearby.

The shopping area is served by two surface car parks on either side of Durham Road, behind the shops. There is also restricted on street car parking to the front of the property.

Description
The premises comprise of a ground floor shop with ancillary basement accommodation within a four-storey modern infill development of brick construction with a pitched and slate roof. The upper floors are in office use.

The shop benefits from a modern aluminum shop front with external electronically operated roller shutter. The retail accommodation benefits from a suspended ceiling with integral lighting, tiled floor and slat paneling to the walls. There is also a customer changing room within the retail area. To the rear of the retail area is an office. The basement provides useful ancillary storage and staff toilet facilities.

The property would be suitable for a variety of retail uses. It also lies within a Conservation Area.

Accommodation
We have measured the property as providing the following net internal areas:

Retail area 67.88 sq m (731 sq ft)
Rear office 19.08 sq m (205 sq ft)
Basement storage 24.63 sq m (265 sq ft)

total 111.59 sq M (1,201 sq ft)

terms
The property is available to let for a term of years to be agreed with provision for upward only rent review at the end of the third year of the term. The lease will be drawn on effectively a full repairing and insuring basis with a service charge operating.

Outgoings
The property is entered into the Rating List with a rateable value of £14,500.

Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.

Other
Rent


The property is available to let at a rent of £17,000 per annum, exclusive of business rates and payable quarterly in advance. The property is registered for VAT and, therefore, VAT will be payable on the rent.

Viewing
Strictly by appointment with the sole agency YoungsRPS.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - YoungsRPS. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact YoungsRPS for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Gateshead
  5. Durham Road
  6. The Drive

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.