SITUATION
Wallsend is a town in North Tyneside, located approximately 4 miles to the east of Newcastle city centre. The subject property is located on High Street West and is prominently positioned on the entrance to The Forum Shopping Centre.
ACCOMMODATION
The property is arranged over ground, first floor and basement.
| Ground Floor | 242m² | 2,610ft² |
| First Floor Offices/Staff | 138m² | 1,491ft² |
| Basement | 33m2 | 355ft2 |
The above figures relate to the floor areas when occupied as a single unit.
LEASE
The premises are occupied by way of two leases, details of which are found below: –
19 High Street West – The premises are held by way of a FRI lease for a term expiring 28th September 2065 at a passing rental of £29,500 per annum exclusive.
21 High Street West – The premises are held by way of a FRI lease for a term expiring 28th September 2065 at a passing rental of £33,000 per annum exclusive.
Further details available upon request.
EPC
Further details of the Energy Performance Certificate to follow.
BUSINESS RATES
| Rateable Value | £36,500 |
| 2022/2023 UBR | £0.499 |
| Estimated Rates Payable | £18,214 |
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
COSTS
Each party is to be responsible for their own legal/professional costs incurred with this transaction.
VAT
All figures quoted are exclusive of VAT and other charges where applicable.
VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210
| Rent: | £29,500 - £62,500 |
| Town/City: | Wallsend |
| Property type | Retail |
Rent: £45,000
Town/City: Alnwick
Attractive historic Northumberland market town
Close to popular tourist attractions Alnwick Castle and Garden
Most prominent unit in the town centre with significant frontage
Suitable for a variety of uses, subject to consent
Ground floor NIA 131.90 sqm (1,420 sqft)
Nearby occupies include Newcastle Building Society, Card Factory, Yorkshire Trading Co, Trespass, Greggs alongside a number of established local retailers.
Rent: £30,000
Town/City: Newcastle Great Park
Rent:
Town/City: Newcastle upon Tyne
Rent:
Town/City: Gateshead
Rent:
Town/City: Durham
Rent: £21,000
Town/City: Chester le Street
Rent: £32,500
Town/City: Whickham
Rent: £12,500
Town/City: Birtley
Rent: £15,000
Town/City: South Shields
Rent: £22,500
Town/City: Gateshead
Rent: £77,790
Town/City: Durham
Rent: £65,000
Town/City:
Rent: £80,000
Town/City: Newcastle upon Tyne
Rent: £44,950
Town/City: Gosforth
Rent: £30,000
Town/City: Whitley Bay
Rent: £30,000
Town/City: Whitley Bay
Rent:
Town/City: North Shields
Rent:
Town/City: South Shields
Rent: £45,000 - £53,000
Town/City: Newcastle upon Tyne
Rent:
Town/City: Sunderland
Rent:
Town/City: Bedlington
Rent: £19,500
Town/City: Darlington
Rent: £45,000
Town/City: Sunderland
Rent:
Town/City: Newcastle upon Tyne
Rent: £27,500
Town/City: Newcastle upon Tyne
Rent: £60,000
Town/City: Gosforth
Rent: £60,000
Town/City: Newcastle upon Tyne
Rent:
Town/City: Sunderland
Rent: £45,000
Town/City: Newcastle upon Tyne
Rent: £25,000
Town/City: Washington
Rent: £50,000
Town/City: Whickham
Rent:
Town/City: Wallsend
Rent:
Town/City: Newcastle upon Tyne
Rent: £32,000
Town/City: Newcastle upon Tyne
Rent: £25,000
Town/City: Newcastle upon Tyne
Rent: £75,000
Town/City: Newcastle upon Tyne
Rent: £28,500
Town/City: Newcastle upon Tyne
Rent: £25,000
Town/City: South Shields
Rent: £28,125
Town/City: Peterlee
Rent: £35,000
Town/City: Killingworth
Rent: £32,000
Town/City: Sunderland