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4 High Street, The Forum 7a Segedunum Way, Wallsend, NE28 8JR

Let
Use Class

Use Class

E

Size

Size

1,147 sq ft

Rent pa

Rent pa

£20,000

Description

Wallsend is located approximately 3 miles east of Newcastle upon Tyne with a population of circa 43,000 persons and excellent communication links via bus and the Metro into Newcastle City Centre. The Forum Shopping Centre provides the main retail focus for the town and existing retailers in the scheme include Home Bargains, Boots, Iceland, Select, New Look, O2, Card Factory, Costa and Specsavers. Exciting new additions for 2016 include the opening of the refurbished Market Hall (52 stalls) a new Aldi food store and a new Burger King drive-thru. The subject unit fronts The Forum with Boots, Card Factory, the Market Hall and Costa all close by.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,147 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
980
91.04
First Floor
167
15.51

Financial

Lease Type

New Lease

Rent

Subject to contract, rental offers are invited in the region of £20000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

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

Tenure

Leasehold

Rates

Rateable Year:
2015
Rateable Value:
£22,500.00
Rates payable:
£11,093.00

Demographics

This unit is part of The Forum Shopping Centre

The Forum Shopping Centre

The opening of the new library, Customer First Community Centre and 3 new retail units has increased footfall by 25%. Along with refurbishment works throughout the centre, the new Forum Retail Park nearby features an Aldi foodstore and Burger King drive-thru adjacent that are now both open.

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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.

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This was last updated on 07/10/2024