373 Benton Road Newcastle Upon Tyne, NE7 7EE

£ 66,000 pa / 2,432 sq ft
373 Benton Road, Newcastle Upon Tyne - Picture 2024-02-02-11-34-53
Use Class

Use Class

E

Size

Size

2,432 sq ft

Rent pa

Rent pa

£66,000

The unit is located in a prominent roadside position within a busy parade of shops approximately 3 miles north of Newcastle city centre. Four Lane Ends Bus & Metro Interchange is located 200m north of the unit, with nearby occupiers including Greggs, Tesco Express / Esso Garage, Subway, Kwikfit, and various local independent operators. Northumbria University Coach Lane Campus is also close by.

Accommodation

2,432 Sq.Ft

Arranged over ground & first floors with a glazed shop front, three-phase electrics and staff facilities, the property has following approximate dimensions and floor areas: There is also ample street parking directly to the front as well as loading facilities.

Dimensions
Feet
Metres
Net Frontage
32.8
10
Areas
Sq.Ft
Sq.M
Ground Floor Sales
2,432
226
First Floor Staff & Office
2,432
226

Financial

Lease Type

New Lease

Lease Term

An assignment of the existing lease expiring Feb 2030 and with a break option Feb 2025 is available. Alternatively, a new effectively Full Repairing & Insuring lease for a term to be agreed may available subject to discussions. This at a rent of £66,000 per annum exclusive.

Rent

Subject to contract, rental offers are invited in the region of £66000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT, Insurance, and other charges where applicable.

Business Rates

Rateable Value £26,000 Estimated Rates Payable- 2023* (*75% relief available) £4,281* Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Rates

Rateable Year:
2023
Rateable Value:
£26,000.00
Rates payable:
£4,281.00

Sustainability

Energy Performance Certificate

85

Energy Performance Certificate Information

The property has an Energy Performance rating of D85. A copy is available on request from this office.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 02/02/2024