Interested in this property? Call Mark Proudlove on +44 (0)113 388 4859

Location

Located approximately 14 miles north east of Newcastle upon Tyne, Keel Row Shopping Centre is the principal retailing destination within the town centre and is home to New Look, WH Smith, Superdrug, Bonmarche, Card Factory, Clintons and O2.

The subject unit is situated at the Union Street entrance adjacent to Bright House and opposite WH Smith.

There is a free 300 space car park immediately adjacent to the shopping centre.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor Sales 2,348 218.1
First Floor Ancillary 2,739 254.5

Rent

£25,000 per annum exclusive

Tenure

A new effectively full repairing and insuring lease for a term of years to be agreed.

Business Rates

The unit has a 2017 rateable value assessment of £44,750.

For further details visit Gov.uk or contact the business rates department in the local authority.

Service Charge

The on-account service charge for the year 2018 stands at approximately £22,825.

EPC

C

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.