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About the property

The property occupies a great position, on Coatsworth Road in Bensham. Coatsworth Road predominantly comprises of ground floor commercial units with upper floor residential accommodation. Vacancy rates are low, with this being a highly popular location due to its close proximity to Trinity Square/
Newcastle and good transport links across the North East. Historically, Coatsworth Road has been the high street of Bensham for over 100 years, with local stores trading from this location to this day. Retailers nearby include Tesco Extra, Nisa Local, Subway, Ladbrokes, Lloyds Pharmacy and many various
local retailers.
Internally the premises comprises of main sales area with shop window frontage onto Coatsworth Road and W/C facilities. The unit is very secure and benefits from external roller shutters. There is a bus stop situated immediately outside the unit with a bus service every 11 minutes.
The accommodation co

mprises the following approximate Net Internal Areas. Gross Ground Floor - 209sqft (19sqm) Lease Terms The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £4,680 per annum exclusive. Business Rates The current rating assessment is as follows: - Shop & Premises £2,050 The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact Gateshead Metropolitan Borough Council. Legal Costs The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lea... Read more

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