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Retail Units & Shops

Tyne and Wear

Washington

property

Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

Unit 60A off Washington Highway, Washington, NE38 7SD

Use Class

Size

11,095 sq ft

Rent pa

£145,000

Market Sector

Shopping Centre

Description

Lease Available

The subject property is located on a prominent corner position fronting the West Mall and Wessington Square, the latter being home to Costa and Muffin Break and their mall seating seats.

Location

In addition, other F&B offers in Wessington Square include Redz Fish and Chips, Chopstix and Subway, with retailers in close proximity, including Superdrug, Wilko, Savers, Iceland and Poundland.

Key Information

Viewing

Strictly by appointment.

Accommodation

11,095 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

2,817

261

Ground Floor Store

5,430

504

Ground Floor Ancillary

3,404

316

Downloads

Brochure

Unit 60A, The Galleries Shopping Centre, Washington - Brochure 2018-07-03-09-53-59

Financial

Lease Type

Existing Lease

Lease Term

The property is available by way of an assignment of the existing lease, expiring 23 June 2024.

Rent

Subject to contract, rental offers are invited in the region of £145000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The service charge for the current year is £66,512

Rates

Rateable Year:

2018

Rateable Value:

£141,000.00

Rates payable:

£69,513.00

This Property is Part of a Shopping Centre

The Galleries Shopping Centre

The Galleries Shopping Centre comprises virtually an entire (former new town) town centre anchored by Asda supermarket and Sainsbury's.

Rawstron JohnsonMcMullen Real Estate

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.