Property
146 MANOR HOUSE ROAD, JESMOND NEWCASTLE UPON TYNE, NE2 2NA
The property comprises ground floor retail premises with additional basement storage. The property was formerly used as a hair, beauty and tanning shop and would suit a number of retail or leisure uses within Use Class E. The property has an extensive timber framed glazed shop front with return frontage, offering excellent visibility from Manor House Road and Grosvenor Road. Internally the ground floor provides open plan commercial space, a staff kitchen/breakout area to the rear and a WC.
LOCATION
The property is located in Jesmond approximately 1.5 miles to the north east of Newcastle city centre in a heavily student populated area. The property is situated on a small retail parade including Francesca’s Pizzeria and Manor House Barbers. The very prominent Osborne Road where there are a number of hotels, restaurants and bars is approximately 500m to the west.
ACCOMMODATION
The property includes the following net internal areas:
| Name | M² | Ft² |
| Ground Floor | 80.89 | 870 |
| Basement Storage | 23.90 | 257 |
| Total | 104.79 | 1,127 |
TERMS
The premises are available by way of a new effectively full repairing and insuring lease at an asking rent of £18,500 per annum. All other lease terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| 2023 | 11,750 |
The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound.
ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of C(70).
VAT
All figures are exclusive of VAT where chargeable.
