Property photos
£62,500 pa
£5,208 pcm
Retail premises to let
High Street West, Wallsend NE28Local area information
Property location
Nearby amenities
- Carville Primary School 0.2 miles
- Western Community Primary School 0.2 miles
- Heworth 2.7 miles
- Manors 2.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wallsend to find out more about the local area.
Features and description
- On the instructions of barclays bank plc
- Prominently located on the entrance to the Forum Shopping Centre
- Held by way of two separate leases
- Suitable for a variety of uses subject to consent
- Nearby occupiers include: Wallsend Pharmacy, Savers, Specsavers, Costa, Betfred, Peacocks, Subway, Hays Travel, New Look and the Post Office.
Situation
Wallsend is a town in North Tyneside, located approximately 4 miles to the east of Newcastle city centre. The subject property is located on High Street West and is prominently positioned on the entrance to The Forum Shopping Centre.
Accommodation
The property is arranged over ground, first floor and basement.
Ground Floor
242m2
2,610ft2
First Floor Offices/Staff
138m2
1,491ft2
Basement
33m2
355ft2
The above figures relate to the floor areas when occupied as a single unit.
Lease
The premises are occupied by way of two leases, details of which are found below: -
19 High Street West - The premises are held by way of a Fri lease for a term expiring 28th September 2065 at a passing rental of £29,500 per annum exclusive.
21 High Street West - The premises are held by way of a Fri lease for a term expiring 28th September 2065 at a passing rental of £33,000 per annum exclusive.
Further details available upon request.
EPC
Further details of the Energy Performance Certificate to follow.
Business rates
Rateable Value
£36,500
2022/2023 ubr
£0.499
Estimated Rates Payable
£18,214
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal/professional costs incurred with this transaction.
VAT
All figures quoted are exclusive of VAT and other charges where applicable.
Viewing
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E:
M:
Wallsend is a town in North Tyneside, located approximately 4 miles to the east of Newcastle city centre. The subject property is located on High Street West and is prominently positioned on the entrance to The Forum Shopping Centre.
Accommodation
The property is arranged over ground, first floor and basement.
Ground Floor
242m2
2,610ft2
First Floor Offices/Staff
138m2
1,491ft2
Basement
33m2
355ft2
The above figures relate to the floor areas when occupied as a single unit.
Lease
The premises are occupied by way of two leases, details of which are found below: -
19 High Street West - The premises are held by way of a Fri lease for a term expiring 28th September 2065 at a passing rental of £29,500 per annum exclusive.
21 High Street West - The premises are held by way of a Fri lease for a term expiring 28th September 2065 at a passing rental of £33,000 per annum exclusive.
Further details available upon request.
EPC
Further details of the Energy Performance Certificate to follow.
Business rates
Rateable Value
£36,500
2022/2023 ubr
£0.499
Estimated Rates Payable
£18,214
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal/professional costs incurred with this transaction.
VAT
All figures quoted are exclusive of VAT and other charges where applicable.
Viewing
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E:
M:
More information
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