For RentLand / DevelopmentUnverified

Highly Prominent Trade Counter / Showroom

Industry Road, Heaton, Newcastle upon Tyne, Tyne & Wear, NE6 5XB

Highly Prominent Trade Counter / Showroom
Photos via Knight Frank - Mark Proudlock
Rent
£70,500 pa
Size
9,978 sq ft
Listed
2 months ago

Property Description

THE PROPERTY Unit 1 forms part of a modern scheme of 4 trade units benefitting from the following: - Steel portal frame unit - Insulated steel sheet elevations and roof - Concrete floor throughout - WC facilities - Showroom - 5.2 m clear internal height - Shared service yard - Parking provision ENERGY PERFORMANCE An energy performance assessment has been commissioned and is pending. RATEABLE VALUE According to the Valuation Office Agency website the property has a Rateable Value of £70,500 (effective 1 April 2026). TERMS The unit is offered to let on a new fully repairing and insuring (FRI) lease for a term of years to be agreed at a rent of £79,825 per annum. VAT VAT & SDLT will be payable on the property at the prevailing rate. ANTI-MONEY LAUNDERING COMPLIANCE The lessee will be required to provide company and/or identity information to satisfy the requirements of The Money Laundering and Terrorist Financing (Amendment) Regulations 2022.

Costs & rates

Rates payable
£70,500 p.a.

Total annual occupancy cost

Estimate only — confirm exact figures with the agent.

Rent
£70,500
Business rates
+ £70,500
Total per year
£141,000
£11,750 / month≈ £14.13 / sq ft / year
Service charge not listed — ask the agent for the confirmed figure.

Documents

Unverified Listing

This listing was sourced from public records and has not been verified by the agent. Claim it free to verify, add photos and receive direct enquiries.

K
Knight Frank - Mark Proudlock
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Location

📍 Industry Road, Heaton, Newcastle upon Tyne, NE6 5XBOpen in Google Maps →