Property photos
£16,500 pa
(£31.43/sq. ft. pa)
Retail premises to let
Jesmond Road, Newcastle Upon Tyne NE2525 sq. ft
Local area information
Property location
Nearby amenities
- St Catherine's RC Primary School 0.3 miles
- Heaton Manor School 0.5 miles
- Manors 1.1 miles
- Newcastle 1.6 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
- Ground floor retail unit
- Popular affluent location
- Could be suitable for a variety of uses
- High standard of internal fitout
- Nearby occupiers include Peace & Loaf, Rehills and Dene’s Deli
- New lease available or potential long-leasehold sale
Location
The property is located on Jesmond Road, Jesmond, Newcastle upon Tyne, offering excellent frontage and passing traffic. Surrounding occupiers are a mix of commercial, leisure and residential uses with a strong local independent retail offering including occupiers such as Rehills, Peace & Loaf as well as Dene’s Deli.
The property is easily accessed by road, being parallel to the A1058 Coast Road, offering direct routes to Newcastle City Centre and the coast. The nearest Metro station is Jesmond, situated approximately 0.6 miles south west of the property.
Description
The property comprises the ground floor retail unit of a three storey, mid terraced property of traditional brick construction with a pitched tiled roof. The property has a traditional single glazed shop front. Internally the property provides a cleared retailing space with a rear staff kitchen and WC. Externally to the rear there is a small yard and external storage shed. The property has been decorated to a high standard internally with new laminate floors, plastered and painted walls and ceilings as well as spot lights.
Accommodation
The property includes the following net internal areas:
Ground Floor Retail 48.77 sq m / 525 sq ft
itza 37.53 sq m / 404 sq ft
Terms
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £16,500 per annum (exclusive). All other terms are to be agreed by negotiation. Alternatively, our client may consider selling their long-leasehold interest in the premises, more details available upon application.
Rating assessment
The rating assessment currently appearing on the Valuation List is as follows:
2023 £14,000
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.
The property is located on Jesmond Road, Jesmond, Newcastle upon Tyne, offering excellent frontage and passing traffic. Surrounding occupiers are a mix of commercial, leisure and residential uses with a strong local independent retail offering including occupiers such as Rehills, Peace & Loaf as well as Dene’s Deli.
The property is easily accessed by road, being parallel to the A1058 Coast Road, offering direct routes to Newcastle City Centre and the coast. The nearest Metro station is Jesmond, situated approximately 0.6 miles south west of the property.
Description
The property comprises the ground floor retail unit of a three storey, mid terraced property of traditional brick construction with a pitched tiled roof. The property has a traditional single glazed shop front. Internally the property provides a cleared retailing space with a rear staff kitchen and WC. Externally to the rear there is a small yard and external storage shed. The property has been decorated to a high standard internally with new laminate floors, plastered and painted walls and ceilings as well as spot lights.
Accommodation
The property includes the following net internal areas:
Ground Floor Retail 48.77 sq m / 525 sq ft
itza 37.53 sq m / 404 sq ft
Terms
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £16,500 per annum (exclusive). All other terms are to be agreed by negotiation. Alternatively, our client may consider selling their long-leasehold interest in the premises, more details available upon application.
Rating assessment
The rating assessment currently appearing on the Valuation List is as follows:
2023 £14,000
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.
More information
Listed by
George F White.
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - George F White.. 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 George F White. for full details and further information.