High Street Retail Property to Rent, Arndale House, 12 Victoria Road, NE37 2SW - CBRE Commercial

Overview

LEASEHOLD AVAILABLE

The property is arranged over ground floor only, comprising a large sales area, customer toilets, storage facilities and staff accommodation including kitchenette and toilets. There is an external yard which allows for access through the rear. Tenure The premises are available by way of an assignment of the existing lease expiring 13/10/2024. Alternatively, the premises are available by way of a sub-lease. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £31,000.00 and the rates payable are £15,469.00 pa. The UBR for 2019/2020 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The property is situated on Victoria Road in Washington, approximately 11 miles south of Newcastle and 8 miles west of Sunderland. The subject property occupies a position on Arndale House. The parade is well let and is the principle retail pitch in the town area. National occupiers in Arndale House include Boots, Savers, Greggs and Paddy Power. To the rear is a car park providing circa 80 spaces.

Sizes and Measurements

Total Size

1,440sqft

Sales Area

1,440sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,440sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

13/10/2024

Lease type

Assignment

For rent

£28,250/pa

UBR

49.9p

Rateable Value

£31,000.00

Business Rates

£15,469/pa

Floorplan

WASHINGTON GOAD

Photos

IMG_0512

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