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Durham Road, Gateshead

£1,667 per month Plus fees - click here for details. RefNo: NSLET99213933

Retail unit conveniently located on Durham Road, Low Fell with first floor offices.

The property is prominently situated on Durham Road, Low Fell, a well-established retail
location with a range of local and national occupiers, banks, restaurants and pubs.
The property is around 3 miles from Newcastle City Centre and within easy reach of the A1
that provides local and national transport links.

The property is a ground floor retail unit, with WCs to the rear. There is good quality office
accommodation to the upper floors

The existing property has been measured on a Net Internal Area (NIA) Basis:
Ground Floor 98.85 m2 1,064 ft2
First Floor: 58.97 m2 635 ft2
Second Floor: 30.86 m2 332 ft2

Business Rates & Council Tax Assessment:
The upper floors to the property are listed in the 2010 Rating List as follows:
Description: Rateable Value:
Offices & Premises: £4,250
We have not identified an entry in the 2010 rating list for the ground floor accommodation.
As a guide only 417/419 is a similar size and is listed as Café & Premises with a rateable
value of £12,750.
The current business rates multiplier is 48.4p in the £.

£20,000 per annum

We understand that the property benefits from all mains services, but suggest interested
parties make their own enquiries in this regards.

We understand that the property has consent for its current use; potential tenants should
make their own enquiries. Please direct all planning enquiries to Gateshead Council Planning
Department: 0191 433 3416
*Note the property will not be let for use as a Taxi office.

We have been advised that VAT is payable on the rent.

Viewing and Further Information:
Strictly by Appointment.

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