Description

The centre is anchored by an Asda supermarket. Other occupiers in the development include Subway, Greggs, Barnardo’s and Card Factory.

Location

Booth Street Local centre is located 4 miles south east of Newcastle City Centre.

Tenure

Leasehold

Rent

£17,500 pa

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Viewing

Strictly by appointment.

Costs

Each party to bear their own legal costs in respect of all legal documentation produced in this transaction.

Lease Term

The premises is available by way of assignment or sub lease of a lease expiring on 3rd March 2026. Alternatively, a surrender and new lease could be entered in to.

Service Charge

Estimated Service Charge - £1654 pa

Lease Type

Existing Lease

Energy Performance Certificate

D

Use Class

E