RETAIL UNIT TO LET
An excellent opportunity to lease a prominently located retail property on Central Promenade, in close proximity to Newcastle Leisure Centre and with a number of car parks nearby. Neighbouring occupiers consist of a variety of established businesses, and the property would suit a variety of potential users (subject to any necessary statutory consents).
ACCOMMODATION:
SALES AREA: approx. 450 square feet (42 square metres)
STORE/KITCHEN: approx. 200 square feet (18.5 square metres)
WC
LEASE DETAILS:
TERM and RENT: 3 year term with option to renew for further 3 years. £12,000 per annum plus rates.
SERVICE CHARGE: Tenant will be responsible for their fair share in the cost of external maintenance and building insurance.
RATES: Tenant will be responsible for business rates assessed by the Land & Property Services (LPS). NAV: £7,300 - Annual Rates 2025/2026 (with SBRR) - approx. £3,500.
VIEWING: By appointment with Agents.
PLEASE NOTE: All measurements quoted are approximate and are for general guidance only. Any fixtures, fittings, services, heating systems, appliances or installations referred to in these particulars have not been tested and therefore no guarantee can be given that they are in working order. Photographs have been produced for general information and it cannot be inferred that any item shown is included with the property.
Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.
