44 Front Street 44 Front Street, Newcastle Upon Tyne, NE16 4DS

£ 50,000 pa / 7,013 sq ft
44 Front Street, Newcastle Upon Tyne - Picture 2024-09-11-14-19-36
Use Class

Use Class

E

Size

Size

7,013 sq ft

Rent pa

Rent pa

£50,000

Price

Price

£500,000

Key Features

  • Situated prominently on the primary thoroughfare in Whickham, Front Street.

  • Leasehold or Freehold available.

  • Ample public parking and loading to the rear.

  • Nearby occupiers include Tesco Express, Heron Foods, Greggs & other well-established and local brands.

Description

Large Retail Unit suitable for a variety of uses offering circa 7000 sq ft GIA.

The Unit is prominently positioned on Front Street, the primary thoroughfare in Whickham, a sought-after suburb of Gateshead.

Key Information

Viewing

Strictly by appointment. Staff are unaware.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Accommodation

7,013 Sq.Ft

The Unit is arranged over a spacious open Ground Floor.

Areas
Sq.Ft
Sq.M
Ground Floor Area
7,013
651

Financial

Lease Type

New Lease

Rent

Subject to gaining vacant possession a new Full Repairing & Insuring lease for a term to be agreed, with an initial rent of £50,000 per annum exclusive.

Costs

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

Tenure

Leasehold - Freehold available

Rates

Rateable Year:
2024
Rateable Value:
£48,250.00
Rates payable:
£24,077.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

C
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

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 25/09/2024