Property Listing Details

Property details

Description

Features: + Â£18,000 per annum exclusive (£346 per week) + Total area 3,111sqft (289 sqm) + Prominent corner position with high footfall and traffic + Suitable for office and/or retail purposes + Option available to lease the entire unit or in parts, with dedicated entrances + Retailers nearby include Tesco Extra, Subway, Lloyds Bank, Home Bargains + Within walking distance from the Trinity Square Location: This former TSB Bank building is situated in a prominent corner position on High Street Gateshead and the A184; a bustling commercial thoroughfare. The property is within walking distance of the Tesco Trinity shopping scheme and surrounded by established businesses such as Tesco Extra, Subway, Lloyds Bank and Home Bargains, ensuring high foot traffic and excellent visibility. There are bus stops conveniently located nearby, the Gateshead Interchange is within walking distance. Description: This two-story property offers exceptional flexibility for businesses of all sizes. The ground floor, perfect for retail or office use, features a spacious sales area, private meeting rooms, a secure safe room, and staff accommodations. The first floor provides additional office space or staff accommodations, complete with a dedicated kitchen, internal storage, and restrooms. Air conditioning throughout ensures a comfortable environment. Businesses can lease the property in full or opt for individual floors to suit their needs. Accommodation: The accommodation comprises the following approximate Net Internal Areas. Ground Floor Retail Zone A:               979.5 sqft (91 sqm) Ground Floor Retail Zone B:             351.9 sqft (32.7 sqm) Ground Floor Office:                            102.2 sqft (9.5 sqm) Ground Floor Internal Storage:                75.3 sqft (7 sqm) Ground Floor Unclassified Area:            99 sqft (9.2 sqm) Ground Floor Internal Storage:             25.8 sqft (2.4 sqm) First Floor Office:                           1341.1 sqft (124.6 sqm) First Floor Kitchen:                                   21.5 sqft (2 sqm) First Floor Internal Storage:                    8.6 sqft (0.8 sqm) First Floor Staff Toilets:                         41.9 sqft (3.9 sqm) First Floor Staff Toilets:                         67.8 sqft (6.3 sqm) TOTAL FLOOR AREA: Ground Floor                            1633.96 sqft (151.80 sqm) First Floor                                 1481.11 sqft (137.60 sqm)    Total Area:                                             3111.07 sqft (289.40 sqm) 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 £18,000 per annum exclusive(£346 per week). Business Rates: The current rating assessment is as follows: Bank & Premises £13,250. 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. Viewing: By appointment through sole agents, Thrower Stone Group. Subject to Contract  

The Agent

Price history

30-Jan-2025 £1,499 PCM First listed

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