For Rent - Available £16,000 Per Annum - Commercial, Retail
Description
Ground floor double retail unit occupying a prominent position on a popular suburban retail parade in Longbenton. The property was formerly occupied as a convenience store but would suit a variety of retail, office or leisure uses subject to planning consent. Can be subdivided into two self-contained retail units.
Location
The property is located at West Farm Avenue in Longbenton, Newcastle within a popular residential suburb. There are good transport links nearby provided at Four Lane Ends and substantial on-site car parking. Surrounding occupiers include a number of local and national operators including a Greggs, Boots Pharmacy, Heron, Subway, Ladbrokes, Betfred and Farmfoods and 2 Hot Food Takeaways.
Accommodation
The property arranged to provide 56.84 sq m/6,11 sq ft sales area, 25.08 sq m/ 270 sq ft storage area and a staff WC, providing a total useable floor area of 76.71 sq m/826 sq ft. The premises benefits from large display windows, roller shutters and suspended ceilings.
Services
The property has benefit of mains supplies of water and electricity in addition to mains drainage.
Energy Performance Certificate
Energy Performance Asset Rating 62 (Band C). Full Certificate available upon request.
Terms
Available on a new effective fully repairing and insuring lease at a rent of £16,000 per annum plus VAT exclusive of business rates, service charge and all other outgoings. The landlord reserves their right to request a rental deposit.
Rating Assessment
Currently part of a larger assessment (www.voa.gov.uk). The UBR for the period 2020/2021 is 51.3p in the pound. If the occupier qualifies a 33% discount may be available under the current government retail rates relief scheme. Please contact the local authority for more information.