Property photos
From
£38,000 pa
(£44.86/sq. ft. pa)
Retail premises to let
St. Georges Terrace, Newcastle Upon Tyne NE2From 847 - 2,564 sq. ft
Local area information
Property location
Nearby amenities
- West Jesmond Primary National Teaching School 0.2 miles
- Northern Counties School (SEN) 0.3 miles
- Manors 1.4 miles
- Newcastle 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Newcastle to find out more about the local area.
Features and description
- Unfurnished
Location
The property forms part of a well-established terrace of retail units on a prime retail pitch of Jesmond, at the junction with Acorn Road.
Within the same terrace as the subject property is a Starbucks café, and directly opposite is Tesco Express. Acorn Road has a broad range of retailers and links with Osborne Road. Other notable nearby retailers include Café Nero, Greggs, and Waitrose.
Osborne Road is the prime leisure destination in Jesmond and is home to multiple hotels, bars, and restaurants. There is a very dense student population in the area creating a strong consumer demand.
Description
The subject property comprises an attractive four storey, brick built building with retail on the ground floor and storage to the basement and upper floors.
The ground floor retail unit has a prominent glazed frontage and open plan sales areas.
Accommodation
We calculate the approximate net internal floor areas to be as follows:
Basement 71.3 m² 767 ft²
Ground Floor 88.3 m² 951 ft²
First Floor 50.8 m² 547 ft²
Second Floor 27.9 m² 300 ft²
Total 238.3 m² 2,565 ft²
EPC rating
D82
Rating assessment
The rateable value of the premises as at 1 April 2023 is £31,250 and the estimated rates payable for the current year is £15,593.75 This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
Terms
The property is available in whole or part by way of a new lease with terms to be agreed on the following basis:
Whole - £38,000 per annum
Ground Floor & Basement - £35,000 per annum
Upper Floors - £10,000 per annum
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Anti-money laundering regulations
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
The property forms part of a well-established terrace of retail units on a prime retail pitch of Jesmond, at the junction with Acorn Road.
Within the same terrace as the subject property is a Starbucks café, and directly opposite is Tesco Express. Acorn Road has a broad range of retailers and links with Osborne Road. Other notable nearby retailers include Café Nero, Greggs, and Waitrose.
Osborne Road is the prime leisure destination in Jesmond and is home to multiple hotels, bars, and restaurants. There is a very dense student population in the area creating a strong consumer demand.
Description
The subject property comprises an attractive four storey, brick built building with retail on the ground floor and storage to the basement and upper floors.
The ground floor retail unit has a prominent glazed frontage and open plan sales areas.
Accommodation
We calculate the approximate net internal floor areas to be as follows:
Basement 71.3 m² 767 ft²
Ground Floor 88.3 m² 951 ft²
First Floor 50.8 m² 547 ft²
Second Floor 27.9 m² 300 ft²
Total 238.3 m² 2,565 ft²
EPC rating
D82
Rating assessment
The rateable value of the premises as at 1 April 2023 is £31,250 and the estimated rates payable for the current year is £15,593.75 This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
Terms
The property is available in whole or part by way of a new lease with terms to be agreed on the following basis:
Whole - £38,000 per annum
Ground Floor & Basement - £35,000 per annum
Upper Floors - £10,000 per annum
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Anti-money laundering regulations
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
More information
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