£12,948 pa

Retail premises to let

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£12,948 pa

(£649,896.00/sq. ft. pa)

Retail premises to let

Fowler Street, South Shields NE33

1,703 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Marine Park Primary School 0.2 miles
  • St Bede's RC Voluntary Aided Primary School, South Shields 0.3 miles
  • South Shields Ferry Terminal 0.3 miles
  • North Shields Ferry Terminal 0.7 miles

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

Features and description

  • Unfurnished
  • Total area 1703sqft (158.2sqm) spanning over three stories
  • Busy town centre street with high footfall
  • Ideal transport links with the recently built South Shields bus and Metro statio
  • Retailers nearby include Jewellers, Virgin Money, Florist, Nail Salon
  • McDonalds, Greggs and more.
  • Public parking area to the rear
Location

The property is situated on Fowler Street in South Shields.
It benefits from excellent transport links with South Shields Metro Station a two minute walk away (0.1 mile). There are several bus routes close by. Nearby retailers include Jewellers, Virgin Money, Florist, Nail Salon, McDonalds, Greggs and a range of restaurants and cafes.

Description

This centrally located shop is ideal for starting or relocating your
business. The building comprises of three stories, on the ground
floor there is a large retail or office area with a new suspended ceiling with inserted lights. The first floor has a kitchenette, staff toilets and extra office rooms which can be used as storage area. The second floor comprises of a large storage room. Additionally there is public parking area to the rear of the property. The unit is secure and benefits from external electric roller shutters and a rear fire exit, it is clean and tidy and is available for immediate occupation.

Accommodation

The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 36.3sqm (391sqft)
Ground Retail Zone B: 30.7sqm (330sqft)
First Retail Area: 33.9sqm (365sqft)
First Kitchen: 11.2sqm (121sqft)
First Staff Toilets: 5.5sqm (59sqft)
First Internal Storage: 6.9sqm (74sqft)
Second Internal Storage: 33.7sqm (363sqft)
Total Area: 158.2sqm (1703sqft)

Lease Terms

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 £12,948 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £7,900.
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 South Tyneside Council.

Legal Costs

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.
VAT


All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

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Property descriptions and related information displayed on this page are marketing materials provided by - Thrower Stone Property Management Ltd. 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 Thrower Stone Property Management Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. South Shields
  5. Fowler Street

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