Commercial Property To Let
Retail
Retail / Office
Jesmond
£12,500 (Leasehold)
REF: NE2149
Location
The shop is located at the east end of Jesmond Road, at its junction with Churchill Gardens. This small shopping area is accesses directly off the A1058 Coast Road which gives excellent access throughout the region.
Jesmond is located approximately 1 mile north east of the City centre and is arguably the most sought-after residential suburb of Newcastle. There is an excellent local infrastructure with good schools, public transport links and amenities.
This unit forms part of a popular shopping area on the south-east side of Jesmond within what is, a predominantly residential area. The parade is home to a selection of high quality, mostly independent operators that include a beauty salon, a delicatessen and some retail food outlets.
The location generates high levels of both captive and passing trade and there is free, short stay, car parking in front of the parade and on the side streets. The unit would be suitable for a variety of retail uses, subject to any consents.
Premises
Comprises a ground floor retail unit forming part of a very busy parade. The unit is in good order throughout and currently operates as a clinic.
The accommodation comprises:
Ground Floor
Retail Shop circa 365 sq.ft. (34 sq.m.)
Galley Kitchen
W.C.
Services
Mains electricity, water and sewerage services are connected to the property.
Business Rates
Rateable Value £10,750
Rates free subject to individual status.
EPC
Rating B.
Tenure
The premises are held on a 2 year lease from April 2025. Current rent £12,500 per annum. Full details on application.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the assignment of the existing lease.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.
Arrange a viewing Download details Download EPC Certificate