Property
565 Durham Road, Low Fell, Gateshead, NE9 5EY
The property occupies an end of terrace providing ground floor retail space previously used as a hot food takeaway. The property is of traditional brick construction with windows and an entrance door. Internally there is a front retail service area with kitchen and storage spaces to the rear.
LOCATION
The property is located on Durham Road (A167), the main urban throughfare from the Tyne Bridge to the A1. Low Fell is a popular and affluent location in Gateshead with nearby occupiers including Boots, Greggs and The Co-op as well as many local retailers.
ACCOMMODATION
The property includes the following net internal areas:
| Total | 79.71 sq m | 858 sq ft |
TERMS
The property is available to rent at £15,000 per annum on full repairing and insuring terms. All other lease terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| Shop and Premises | £9,500 |
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
The landlord requires a contribution towards their legal costs incurred in the transaction.
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of “E”.
VAT
All figures are exclusive of VAT where chargeable.
