£6,240 pa

Retail premises to let

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£6,240 pa

(£7.25/sq. ft. pa)

Retail premises to let

Lobley Hill Road, Gateshead NE8

861 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Eslington Primary School (SEN) 0.2 miles
  • St Aidan's Church of England Primary School 0.3 miles
  • Dunston 0.8 miles
  • Newcastle 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gateshead to find out more about the local area.

Features and description

  • Unfurnished
  • £6,256 per annum (£120pw)
  • 864sqft (80sqm) of available space.
  • Unfurnished
  • Located in a prime commercial area
  • Ideal for a starting or relocating your business.
  • Close to public transport links and Gateshead Interchange
  • Retailers nearby include Machine Mart, Peugeot Car Sales, Highway Vets, Car Serv
  • Free public car parking outside the property.
  • This space was occupied by a hair salon but has since been vacated and all items
Location:

Located in a prime commercial area, With 864sqft (80sqm) of space available, this unit is perfect for anyone looking to establish a new storefront. The unit has free car parking to the side, and situated near Team Valley Trading Estate, offering plenty of foot traffic.

Description:

Previously used as a salon and builders show room, the space includes large windows for natural light and an open floor plan. The unit is made up of two main rooms, a kitchen/storage room, staff toilets and a rear service yard. This is an ideal unit for retailers starting out or looking to relocate their business. The property is clean and tidy and available for immediate occupation.

Accommodation:

The accommodation comprises the following approximate net internal areas.

Sales Floor - 864sqft (80sqm)

Lease Terms:

The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £6,256 per annum exclusive.

Business Rates:

The current ratable value from (1st April 2023 to present): Shop & Premises - £2,950. The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact Gateshead Metropolitan Borough Council.

Legal Costs:

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.
VAT


All figures quoted are exclusive of VAT where chargeable.

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By appointment only through sole agents, Thrower Stone Group.

Subject to Contract

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Property descriptions and related information displayed on this page are marketing materials provided by - Thrower Stone Property Management Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Thrower Stone Property Management Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Gateshead
  5. Lobley Hill Road

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