About this property
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.
POPULATION Newcastle City has a population of circa 280,000 and the wards of Kenton & Fawdon (which serve the property) have a combined population of circa 30,000.
The property comprises a ground floor shop on the upper level of the Shopping Centre. The shop enjoys a newly fitted glazed aluminium frontage with the benefit of an electric roller shutter. The unit has recently been refurbished to include newly plastered and painted walls and ceiling, surface mounted LED lighting and screeded floor.
The property comprises an open plan retail area with a w.c. to the rear. There is a door to the rear which provides access to a rear service yard.
The property has a net internal area of
92.53 sq m (996 sq ft)
The property has an ITZA of
52.49 sq m (565 sq ft)
The property is currently to let by way of a new lease for a term of years to be agreed and a rent of £12,700 per annum exclusive of service charge and building insurance.
We understand the property is currently entered into the Rating List to include the upper floor which has recently been separated. A reassessment by the VOA will need to be carried out to establish the new ratings.
Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.
VAT is payable
Each party to bear their own legal costs.
A service charge and insurance is payable and details are available upon request.
By appointment with Youngs RPS