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503-508 Durham Rd 812 sq ft of Retail Space Available in Gateshead NE9 5EY

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HIGHLIGHTS

  • Ground Floor Retail Unit
  • Prominent Corner Plot
  • Popular Low Fell location

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • Ground, Ste 503
  • 812 sq ft
  • Negotiable
  • £24.01 /sq ft pa £2.00 /sq ft pcm £19,500 pa £1,625 pcm
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

The subject property occupies a prominent corner plot providing ground floor retailing space previously used as a dry cleaners. The property is of traditional brick construction with a traditional glazed shop front. Internally, the accommodation provides a front retail section with storage behind, however, could easily be opened into one larger space. The property could be suitable for a variety of different uses, subject to the necessary permissions. The property is available to rent at £19,500 per annum on full repairing and insuring terms. All other lease terms are to be agreed by negotiation.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - C
  • Suitable for a range of uses - subject to planning
  • Asking rent: £19,500 pa
  • EPC Rating: C
Space Size Term Rate Type
Ground, Ste 503 812 sq ft Negotiable £24.01 /sq ft pa £2.00 /sq ft pcm £19,500 pa £1,625 pcm Fully Repairing & Insuring

Ground, Ste 503

Size
812 sq ft
Term
Negotiable
Rate
£24.01 /sq ft pa £2.00 /sq ft pcm £19,500 pa £1,625 pcm
Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

The subject property occupies a prominent corner plot providing ground floor retailing space previously used as a dry cleaners. The property is of traditional brick construction with a traditional glazed shop front. Internally, the accommodation provides a front retail section with storage behind, however, could easily be opened into one larger space. The property could be suitable for a variety of different uses, subject to the necessary permissions. The property is available to rent at £19,500 per annum on full repairing and insuring terms. All other lease terms are to be agreed by negotiation.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - C
  • Suitable for a range of uses - subject to planning
  • Asking rent: £19,500 pa
  • EPC Rating: C

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 812 sq ft
Property Type Retail
Property Subtype Shopfront
Net Internal Area (NIA) 1,406 sq ft
Year Built 1910

ABOUT THE PROPERTY

The property is located on Durham Road (A167), the main urban thoroughfare from the Tyne Bridge to the A1. Low Fell is a popular location benefitting from occupiers including Boots, Greggs and The Co-op as well as many local retailers.

  • EPC - E

NEARBY MAJOR RETAILERS

Costa Coffee
Heron Foods
Co-op
Barclays
SPAR
Caffe Nero
Starbucks
Sainsbury's
Bestway Wholesale
Farmfoods
  • Listing ID: 28199151

  • Date on Market: 11/04/2023

  • Last Updated:

  • Address: 503-508 Durham Rd, Gateshead NE9 5EY

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