TO LET Prime Retail Shop (By Assignment / Sub-Let)

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TO LET Prime Retail Shop (By Assignment / Sub-Let) sw.co.uk TO LET Prime Retail Shop (By Assignment / Sub-Let) Unit 5 Haymarket Newcastle upon Tyne NE1 7PF Key Points: • Prime location • 1,397 ft2 • £57,500 per annum • Lease expiry 5 May 2020 BIRMINGHAM | BRISTOL | EXETER | LEEDS | LONDON | MANCHESTER | NEWCASTLE | TEESSIDE | YORK sw.co.uk Description Location Rates The premises comprises of the ground and first floors of The subject property is located at Haymarket at the With effect from 1 April 2017 we understand the a mid-terrace building. The Money Shop currently northern end of Northumberland Street within property is assessed for rating purposes as follows: occupies the corner plot unit with the benefit of return Newcastle City Centre. frontage onto both Percy Street and Northumberland Rateable Value £58,000 Street. Northumberland Street is a prime shopping pitch in the City and benefits from retailers such as Marks & Interested parties should verify the accuracy of this The ground floor is currently fitted out as a currency Spencer, Primark and H&M. information and rates payable with the Local Rating exchange, with a customer area and trading counter Authority (Newcastle City Council). accompanied by office and storage space at the rear. Adjacent occupiers in the immediate vicinity include The first floor is a combination of offices and staff Lloyds Bank, Coral, Ladbrokes, Halifax Bank and accommodation featuring a small kitchen, storage area Milligans Bakery. and WC facilities. The property has beneficial features in place which include, roller shutter doors, fire alarm, double glazed Accommodation windows, and Mitsubishi heating and cooling air We understand that the accommodation provides the conditioning system situated on both floors. following: Description Internal Width 8.06 m 26’ 05” Shop Depth 4.20 m 13’ 09” Retail Sales Area 66.60 sq m 717 sq ft Storage 3.70 sq m 40 sq ft First Floor 59.43 sq m 640 sq ft Total NIA 129.73 sq m 1,397 sq ft NORTH EAST COMMERCIAL AGENCY | UNIT 5 HAYMARKET | NEWCASTLE UPON TYNE | NE1 7PF sw.co.uk EPC Viewings and Further Information The property benefits from an Energy Performance Strictly by prior appointment with the agents: Asset Rating of Band E (118). Contact: Mark Convery A full copy of the EPC is available upon request. Tel No: 0191 269 0103 Email: [email protected] Contact: Kevin McGorie Rent Tel No: 0191 269 0174 Email: [email protected] The current passing rent is £57,500 per annum. Sanderson Weatherall 22-24 Grey Street, Newcastle upon Tyne NE1 6AD Legal Costs Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These particulars do not constitute any part of an offer or contract; 2) None of the statements Each party to be responsible for their own legal costs contained in these particulars as to the properties are to be relied on as statements of representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or incurred in any transaction. otherwise as to the correctness of each of the statements contained in these particulars; 4) The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property; 5) None of the building’s Lease services or service installations (whether these be the specific responsibility of the freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Available by way of assignment, the premises are held Misleading Marketing Regulations 2008; Every reasonable effort has been made by on a lease for a term of 10 years from May 2010 on a Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to Full Repairing and Insuring basis effective via service verify by independent inspection or enquiry all information for themselves and to take charge. appropriate professional advice. Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th Floor Central Square 29 Wellington Street Leeds LS1 4DL Alternatively a sublease is available on an FRI basis with terms to be agreed. February 2018 NORTH EAST COMMERCIAL AGENCY | UNIT 5 HAYMARKET | NEWCASTLE UPON TYNE | NE1 7PF.
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