The property is built over ground and first floor. The ground floor comprises of a large sales area, customer toilets and staff accommodation including kitchenette and toilets. The fist floor has a separate entrance located to the rear and comprises large storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 24/03/2026, with an option to break on 24/03/2021. Alternatively, the premise are available by way of a sub-lease. Rent The current passing rent is £12,000, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £15,250.00 and the rates payable are £7,487.75 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Felling is an area of Gateshead approximately 2 miles south east of the town centre, 11 miles west of Sunderland and 17 miles of Durham. The unit occupies a position of Felling High Street, adjacent to Heron. Directly opposite is a newly developed retail scheme with occupiers including ASDA, Greggs, Boots and Card Factory. The scheme also provides circa 200 car parking spaces.