Leisure/hospitality to let in Nile Street, North Shields NE29

Location/situation
The property is situated in a central location within North Shields Town Centre close to the Post Office and a number of local independent traders. The rear customer entrance is accessed off Bedford Street close to Lloyds Bank, Heron Foods, and Newcastle Building Society as indicated on the attached street traders extract plan.

Accommodation
Arranged over ground, first floors, with the following approximate dimensions and floor areas and dimensions:

Internal Width
19’ 6’’
5.9m

Ground Floor Area
1535 sqft
142.6 sqm

First Floor
543 sqft
50.5 sqm

lease terms
A new Full Repairing & Insuring lease for a term to be agreed is available at a rent of £15,000 per annum exclusive.

EPC
The property has an Energy Performance rating of E (104). A copy of the EPC Certificate is available on request.

Business rates

Rateable Value
£13,750

2024/2025 ubr
£0.499

Estimated Rates Payable
£6,861

Small Business rates relief is available and interested parties are advised to make their own Business Rates enquiries with the North Tyneside Council.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information, please contact @retail;

Oliver Sunderland
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M: Or
Ian Angus
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