Retail premises to let in Allison Court, Metrocentre, Gateshead NE11

Situation
Allison Court is situated adjacent to the A1(M), ikea and the Metrocentre, Gateshead, one of the busiest retail and leisure destinations in the UK.
This retail park destination hosts amongst others American Golf Centre, Halfords, Alpkit, Wed2B, Halfords and Hammond Furniture. Established use of the premises is retail but we understand any use within Class E will be acceptable from a planning point of view.

Accomodation
Arranged over ground floor only offering the following floor areas and dimensions:

Internal Width
70’ 5”
21.4m

Depth
71’10”
21.8m

Gross Internal Area
5,366sqft
498.5sqm

There are customer car parking spaces available immediately to the front as part of the retail park provision.

Lease terms
The premises are available on the basis of a new effective Full Repairing & Insuring lease for a term to be agreed at £85,000 per annum exclusive.

Service charge
The Service Charge budget for the unit for the year to December 2023 amounts to £5,366 excl.

EPC
The property has an Energy Performance Certificate of C A copy of the EPC is available upon request.

Business rates

Rateable Value
£48,000

Rates Payable April 23/24
£23,952

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 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:
Ian Angus: