Property to rent in South Shields, NE33
Denmark Centre, South Shields, NE33£15600.00
Agent details
This property is listed with:
Full Details for Property to rent in South Shields, NE33 :
SITUATION
South Shields is located approximately 8 miles to the north of Sunderland and 10.5 miles to the north east of Newcastle upon Tyne.
The Tyne Tunnel and A19 are within easy reach and the town has the benefit of the Tyne and Wear Metro service and excellent bus routes to and from the town.
The Denmark Centre is a busy shopping centre located just off King Street and benefits from roof top car parking above the shopping centre and further abundant car parking in the vicinity.
Other nearby occupiers includes Greggs, McDonalds, Dawson & Sanderson and HSBC Bank.
DESCRIPTION
The property comprises a ground floor retail shop with stores and offices at first floor within the Denmark Centre.
ACCOMMODATION
The accommodation comprises:-
Ground Floor Retail8 0.9m² (870.8ft²)
First Floor Offices/Storage 40.3m² (433.8ft²)
Total 121.2m² (1304.6ft²)
TERMS
The property is available on a new lease for a term to be agreed on a stepped rental as below.
Year 1£15,600 per annum
Year 2£19,500 per annum
Year 3£22,100 per annum
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premises £16,500 £7,557
We are advised that the rateable value of the premises as at 1 April 2010 is £16,500 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 45.8p in the pound. However, interested parties should confirm the current position with the Local Authority. As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
South Shields is located approximately 8 miles to the north of Sunderland and 10.5 miles to the north east of Newcastle upon Tyne.
The Tyne Tunnel and A19 are within easy reach and the town has the benefit of the Tyne and Wear Metro service and excellent bus routes to and from the town.
The Denmark Centre is a busy shopping centre located just off King Street and benefits from roof top car parking above the shopping centre and further abundant car parking in the vicinity.
Other nearby occupiers includes Greggs, McDonalds, Dawson & Sanderson and HSBC Bank.
DESCRIPTION
The property comprises a ground floor retail shop with stores and offices at first floor within the Denmark Centre.
ACCOMMODATION
The accommodation comprises:-
Ground Floor Retail8 0.9m² (870.8ft²)
First Floor Offices/Storage 40.3m² (433.8ft²)
Total 121.2m² (1304.6ft²)
TERMS
The property is available on a new lease for a term to be agreed on a stepped rental as below.
Year 1£15,600 per annum
Year 2£19,500 per annum
Year 3£22,100 per annum
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premises £16,500 £7,557
We are advised that the rateable value of the premises as at 1 April 2010 is £16,500 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 45.8p in the pound. However, interested parties should confirm the current position with the Local Authority. As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
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