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86 Cleveland Road North Shields, NE29 0PF
Use Class
E
Size
3,784 sq ft
Rent pa
£32,250
Ground Floor Retail Property with First Floor Flat
Former Co-op Food store plus first floor flat, prominently positioned on a corner location with a wide shop front. All shop windows have the benefit electric roller shutters and there is a security alarm system. Internally, the ground floor shop provides largely open plan retail space with ancillary storage, office and WCs to the rear. The first floor comprises a spacious 3 bedroom flat incorporating bathroom, lounge, kitchen and 3 double bedrooms (one of which includes a walk-in wardrobe).
North Shields is a coastal town on the north side of the River Tyne situated between Tynemouth and Wallsend approx 8 miles east of Newcastle. The property is positioned on the junction of Cleveland Road and Hawkeys Lane, which is within reasonably easy walking distance of North Shields Metro Station. Road links are good with the A19 less than 2 miles west and the Coast Road linking directly into Newcastle City Centre approximately 0.5 miles north. The property benefits from good levels of passing traffic with good public transport links (bus and metro).
Key Information
Legal
Each party to bear their own costs. Each party to be responsible for their own legal and professional costs incurred in any transaction.
Accommodation
3,784 Sq.Ft
Downloads
Downloads
Financial
Lease Type
New Lease
Lease Term
The whole property is available To Let by way of an assignment of the existing lease or sub-lease. The property is currently let in its entirety to Co-operative Food Group Limited with lease expiring 5th April 2024. The passing rent is £32,250 per annum, exclusive. A copy of the lease is available on written request. Alternatively a new lease direct with the landlord may be available.
Rent
£32,250 per annum.
Business Rates
Rates Payable £16,217.50 per annum. Interested parties are to satisfy themselves as to their own rates payable for their intended use prior to entering into a contract. Rateable Value £32,500
Rates
Sustainability
Energy Performance Certificate
Misrepresentation Notice
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.
All data ©2024 Completely Property Technology Limited
This was last updated on 01/01/2024