1 Bedroom Shop Let in North Shields, NE29
| Reference | 51298 |
| Address |
2-4 West Percy Street, North Shields, NE29 0AG (Map Location) |
| Beds | 1 |
| Baths | 1 |
| Type | Shop |
| Tenancy | Negotiable |
Double fronted shop in the heart of North Shields
Description
LOCATION
The business premises is situated on West Percy Street in the heart of North Shields.
DESCRIPTION
The property comprises of a double shop front previously used as a well known Bakery. The property does now require a refresh to return it to it's former glory including an internal fit and external windows. The landlord would like to work with a new Tenant to get this done to the satisfaction of the incoming tenant. The property is suitable for use as a shop or for a variety of commercial uses subject to receipt of appropriate planning permission. Externally there is an enclosed yard to the rear with WC's
ACCOMMODATION
Ground Floor shop is 56 square metres
Upstairs storage room is 15 square metres
RATING LIABILITY
According to the Valuation Office Agency (VOA) the premises currently has a Rateable Value of £7,800.
TENURE
The property is available by way of a new FRI lease for a minimum lease term of 3 years.
RENT
The property is available at an initial rent of £10,000 per annum with concessions for improvements to the property
ENERGY PERFORMANCE CERTIFICATE
The current energy performance certificate is rated - 65 or band C
LEGAL COSTS
Each party will be responsible for their costs in the transaction.