63-65 High St
2,150 SF of Retail Space Available in Gosforth NE3 4AA
SUBLEASE HIGHLIGHTS
- Prime position in the heart of Gosforth.
- Car parking
- Close to bus stops
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| Ground | 2,150 SF | Negotiable | £34,000 /PA | Fully Repairing And Insuring |
Ground
Comprises the ground and part of the first floor of a substantial two storey terraced property of traditional brick construction. The double shop front provides a large display space that looks directly onto the busy High Street. The ground floor is effectively two open plan spaces with an internal split level. The unit is in good order throughout and was until recently occupied by a high end ladies fashion retailer. The upper floor space is accessed internally. The premises are held by way of a 10 FRI lease from August 2020 at a passing rent of £34,000 per annum with a 3 month rent bond. There is a rent review in August 2025 and the service charge is currently £4,061.50 pa.
- Use Class: E
- Sublease space available from current tenant
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - C
- Private Restrooms
- Natural Light
- Open Plan Sales Area
- Wooden Flooring
PROPERTY FACTS FOR 63-65 HIGH ST , GOSFORTH, TWR NE3 4AA
| Total Space Available | 2,150 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Internal Area | 2,390 SF |
| Year Built | 1986 |
ABOUT THE PROPERTY
The shop is located on the main High Street close to its junction with Causey Street. Gosforth is an extremely sought-after residential suburb of Newcastle approximately 2 miles due north of the City centre with good schools, public transport links and local amenities. The location of the premises generates very high levels of both captive and passing trade and there is also a pay and display car park almost directly opposite the unit. Other High Street occupiers include Lloyds Bank, Sainsbury’s and Caffe Nero together with popular independent coffee shops, bars and restaurants. The unit would be suitable for a broad variety of uses, subject to any required consents.
- Roller Shutters
- Storage Space
NEARBY MAJOR RETAILERS
