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Marketed by
Metro Park West Metro Park West, Gateshead, NE11 9XS
Use Class
E
Size
56,632 sq ft
Rent pa
POA
Market Sector
Retail & Shopping Park
Key Features
Situated above The Range and among national leading retailers including IKEA, ASDA, Barker& Stonehouse, Aldi, and Pets at Home.
Escalator and passenger lift access.
External shared service yard with goods lift.
Extensive ground floor frontage.
Over 290,000 households within a 20-minute drive time.
Description
First Floor Retail/Leisure Space - immediately accessible from the A1 and adjacent to the Metrocentre.
Location
The property is prominently located within Metro Park West, immediately accessible fromthe A1 dual carriageway via Gibside Way. It lies approximately 3 miles south-west of Newcastle City Centre and sits immediately adjacent to the Metrocentre, one of the UK’s premier regional shopping destinations which welcomed over 15 million visitors in 2024.
The surrounding catchment includes more than 290,000 households within a 20-minute drive time. The property is positioned in a highly prominent and accessible location, close to a new purpose built showroom occupied by Barker & Stonehouse, a recently extended Aldi Supermarket, and national retailers such as Asda, IKEA, and Pets at Home.
Key Information
Viewing
Strictly by appointment.
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
56,632 Sq.Ft
The accommodation is situated at first floor level and includes an external shared service yard with goods lift. The unit also benefits from escalator and passenger lift providing customer access from ground to first floor. The ground floor features extensive frontage. The unit will be handed over in a clean condition, with all M&E, communal lifts, toilets and staff facilities retained.
Financial
Lease Type
New Lease
Rent
A new effectively full repairing and insuring lease available for a term to be agreed. Rent available upon application.
Rates
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown. 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.
Service Charge
Approximate annual service charge budget is currently circa 87p psf.
Tenure
Leasehold
Rates
Sustainability
Energy Performance Certificate
Disclaimer
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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