Retail Units & Shops for rent

Tyne and Wear

Gateshead

Unit 4 Felling Shopping Centre Unit 4 Felling Shopping Centre, Gateshead, NE10 9EW

£ 17,500 pa

Unit 4 Felling Shopping Centre, Gateshead - Picture 2024-06-14-13-05-47

Use Class

Rent pa

£17,500

Description

The centre is anchored by an Asda supermarket. Other occupiers in the development include Subway, Greggs, Barnardo’s and Card Factory.

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

Areas

Sq.Ft

Sq.M

Ground Floor

1,539

142

Financial

Lease Type

Existing Lease

Lease Term

The premises is available by way of assignment or sub lease of a lease expiring on 3rd March 2026. Alternatively, a surrender and new lease could be entered in to.

Rent

Subject to contract, rental offers are invited in the region of £17500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rateable Year:

2023

Rateable Value:

£22,500.00

Rates payable:

£11,228.00

UBR:

49.9p/£

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.

This was last updated on 17/06/2024