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Unit 5 Tynemouth, Newcastle Upon Tyne, NE29 9QR

Use Class

Use Class

E(a)

Size

Size

869 sq ft

Rent pa

Rent pa

£20,000

Market Sector

Market Sector

Retail & Shopping Park

Description

The property is an attractive and modern build retail unit within an external parade fronting the centre’s car park, offering space for approximately 800 vehicles. Accommodation is spread over the ground floor only, and the unit benefits from roller-shutter security doors. Internally the unit benefits from tiled floors, suspended ceilings, spot lighting accompanied by inset fluorescent lighting, kitchen facility, and WC.

Location

The unit is located within the Collingwood Centre anchored by a 7,897 sq m (85,000 sq ft) Morrisons food store. Surrounding occupiers include Domino’s, Betfred, Blockbuster, Sunlight Drycleaners, and Indigo Sun. The Collingwood Centre is located off Preston North Road, in the Preston Grange area of Tynemouth, situated in close proximity to the North Tyneside General Hospital. The centre acts as a busy neighbourhood shopping destination for the immediate catchment and surrounding districts. Tynemouth is located on the north east coast, approximately 6 miles north east of Newcastle upon Tyne.

Key Information

Viewing

Strictly by appointment with the sole agents.

Accommodation

869 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
743
69.03
Ancillary
126
11.71
Total Accommodation
869
80.73

Financial

Lease Type

New Lease

Rent

An incentive equivalent to 3 months rent free is available subject to covenant status and length of lease, to be given as a reduced rent over the first year of the term.

Rates

Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.

Tenure

Leasehold - The unit is available to let by way of a new full repairing and insuring lease for a term to be agreed.

Rates

Rateable Year:
2010
Rateable Value:
£16,500.00
UBR:
40.7p/£

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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