G115/ G116/ G117, Trinity Square

Trinity Square
Gateshead, NE8 1AG

Use Class E(a)

5,564 sq ft

£80,000

Use Class

E(a)

Size

5,564 sq ft

Rent pa

£80,000

Marketed by Savills UK & Ireland

Last updated 16/12/2020

Retail Unit to Let (Potentail to Split)

Key Points

Potential to Split
Superb retail and leisure opportunities
Over 750 car parking spaces on site
100,000 footfall per week
New lettings include Sambuca, Indigo Sun, Dawson and Vype
95% let (on overall floor area)

Trinity Square is a recently developed mixed-use shopping centre in Gateshead which offers superb retail and leisure opportunities.  The centre is located adjacent to Tesco Extra and a 7 screen cinema complex and is  close to Gateshead Interchange offering over 750 parking spaces.
There are only a few units remaining, ranging from 1,000 to 5,500 sq ft.   Retailers include Boots, Holland & Barrett, Poundland, Costa Coffee, Nandos, Select and CEX.

Use Class

A1

Tenure

Leasehold

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor	5,564	516

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new effectively full repairing and insuring lease for a term to be agreed.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

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.

Rateable Year:	2018
Rateable Value:	£87,000.00
Rates Payable:	£42,891.00
UBR:	--
Rateable Year:	2019
Rateable Value:	£87,000.00
Rates Payable:	£43,848.00
UBR:	50.4p/£

Costs

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

Service Charge

The current on account service charge for 2020/21 is £23,242

Sustainability

Energy Performance Certificate

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

Last Updated

16/12/2020

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.