Retail premises to let in Halewood Avenue, Newcastle Upon Tyne NE3

Location

Kenton Retail is located within a densely populated suburb situated approximately 4.5 miles north-east of Newcastle City Centre and 1 mile from the A1 western bypass.

Situation

Kenton Retail is a newly refurbished, vibrant centre, providing the primary shopping facilities in the locality. This busy scheme comprises a range of retail outlets with good public transport links.

Existing occupiers include Heron, Spar, Greggs, Post Office and Ladbrokes, plus a number of local traders.

Accommodation

The property comprises the following floor approximate area:

Ground Floor NIA: 807 Sq Ft ( 74.97 sq m)

The property includes free car parking facilities to the rear.

Terms

The premises is available by way of assignment of a lease expiry on 30th June 2026. Alternatively, a surrender and new lease could be entered in to.

Rent

£9,000 pax.

Rating Assessment

Rateable Value - £10,000

Interested parties are advised to make their own enquiries with Newcastle City Council Tel: Planning

It is understood that the premises has a Class E planning consent.
Interested parties are advised to make their own enquiries with Newcastle City Council Tel: EPC

This is assessed at Rating D.

VAT

The property is registered for VAT.

Legal Costs

Each party to bear their own legal costs in respect of all legal documentation produced in this transaction.

Money Laundering

Money Laundering Regulations require Mason Partners to conduct checks upon all parties in relation to relevant transactions be that lettings or sales of commercial premises. Prospective purchasers / tenants will need to provide proof of identity and residence.