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Let

Retail Unit

South Shields £6,000 per annum Leasehold (fees apply) REF: NE1985

Location

The shop fronts onto Dean Road at its junction with Byron Street and there are good levels of captive trade together with passing trade generated by the Metro Station and local college.  Free car parking is available to the rear of the shop.

Business Opportunity

This address has been a sandwich bar and food outlet for a number of years and the unit was refurbished by the previous owner when they took the business on in 2019.

The shop unit is compact and was configured to offer a waiting and service area with room for a couple of seats inside. However, the space could be stripped out to provide an open area for an alternative use if required.

For any new business there are good levels of captive trade, particularly from the doctors and dental surgery nearby, and passing trade can be generated by the main road location.

Premises

Ground Floor:

Shop 16’10” frontage x 15’ depth (maximum) with electric roller shutters to the front.

Store Cupboard with fridge/freezer.

W.C.

Fixtures & Fittings

The fixtures and fittings are available at a price to be agreed. An inventory could be made available if required.

Services

Mains electricity, water and sewerage services are connected to the property.

Rates

The premises are assessed as follows:

Rateable Value        £3,200

Rates free incentives subject to status.

Tenure

The premises will be offered on a 5 year FRI lease at an initial asking rent of £6,000 per annum. Full terms to be agreed.

EPC

Rating - E.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income

 

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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