Retail premises to let in Unit 5, Denton Park Shopping Centre, West Denton NE5

Just added
£17,500 pa (£337 pw)
Interested in this property? Call +44 330 038 7422 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises to let

Property features

  • The scheme is anchored by an 80,000 sqft Morrisons with a large free car park adjacent.
  • Prominently located on the upper level of the scheme.
  • The unit has suitability for a variety of uses under Use Class E
  • Nearby occupiers include Greggs, Card Factory, Boots, Aruba Sun, Ladbrokes, Nat West, Newcastle Building Society and Morrisons.

Property description

Situation

The Centre is approximately five miles to the north-west of Newcastle City Centre and provides a busy retail parade anchored by the adjoining Morrison’s Supermarket. The unit is situated on the upper level of the West Denton Shopping Centre.

Accommodation

Arranged over ground floor only with kitchen/WC facilities at the rear.

Internal Width
5.5m
17’9”

Ground Floor Area
107.5sqm
1,157sqft

lease terms

A new Effective Full Repairing & Insuring lease for a term to be agreed and subject to 5 yearly rent reviews is available at an initial rent of £17,500 per annum exclusive.

EPC

An Energy Performance Asset Rating is Band B (41) A full copy of the EPC is available upon request.

Business rates

Rateable Value
£14,500

2024/2025 ubr

£0.499

Estimated Rates Payable
£7,236

Given the Rateable Value is between £12,001-£15,000, there may be a discount available on the Rates Payable figure. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

service charge

A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. The budget figure for the year to December 2024 is £7,697 excl.

costs

Each party will bear their respective 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:

Oliver Sunderland

E:

M:

Property info

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For more information about this property, please contact
@retail, NE28 on +44 330 038 7422 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by @retail, and do not constitute property particulars. Please contact @retail for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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