Property description
Rateable Value under £12,000. Available to let in prominent position within Gateshead Town Centre these areretail premises with frontage to the High Street. Located directly opposite the new Trinity Square Development, which includes major retailers and Vue cinema and has over 100,000 footfall per week and within walking distance of the Interchange Centre/Metro and Bus station. The unit is well presented with open plan ground floor sales area with spacious accommodation to the first floor.
Location
The premises are prominently located on the northern section of Gateshead High Street, close to Home Bargains, Trinity Square (with major retail tenants), Tesco superstore and over 900 student flats. The Gateshead Interchange Bus and Metro station are also nearby, providing access from all local communities.
Accommodation
Situate over two floors, the spacious and light open ground floor area is approximately 6 m wide with a small staff area to rear and two wc's, total area 95m2 (1000 ft2).
On the first floor are offices that could be used for storage or a variety of purposes plus kitchen/staff area and two wc's, area 85 m2 (900 ft2).
Externally there is a small rear yard.
Rates.
The premises are assessed the RV as £11,750 from 1 April 2026. The unit therefore qualifies for small business rates relief, which means that qualifying tenants will pay no business rates. Full details are available from Gateshead MBC. Prospective tenant must ensure that they qualify for SBRR.
Tenure
A new lease is available on full repairing terms for a term of years to be agreed at a suggested initial rental of £14,500 pa.
Planning
We believe that the property is in use class E, covering many types of shops and offices. Previous occupations were as a hairdresser/beautician retail/small cafe and an estate agency. Prospective tenants must satisfy themselves as to the suitability of their proposed use for the premises.
Costs
Each party to be responsible for their own costs.
Services
As far as we are aware, all mains services are available or connected. The premises has double glazing to most windows and gas combi central heating with some independant heaters to ground florr.
Disclaimer
In accordance with the Property Misdescriptions ACT (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. A Director of Andrew Craig has a financial interest in this property.
EPC Rating: C
Key features
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Not specified
Unfurnished
More features
Rateable Value Under £12,000, Retail Premises on Gateshead High Street, Available Immediately, Opposite Trinity Square Development, featuring Tesco, Vue Cinema and Student Accommodation , Summarise property details
Map
This listing is located at High Street, Gateshead, Gateshead.