Ground floor retail unit. Net Internal area 115 sq. m. (1,238 sq. ft.). Open-plan accommodation with ancillary space. Prominent High Street retail position. Suitable for a variety of uses (STPP). 100% small business rates relief (subject to occupier status).
Rent £12,000 per annum
Ref I539
Location
The unit is located on High Street East, Wallsend. It is situated in the central business district of the town and is surrounded by retailers and professional service companies including banks, building societies and estate agents. Wallsend is a densely populated area on the north side of River Tyne and is approximately 4 miles east of Newcastle City Centre which is easily accessed via the A1058 Coast Road which also links Wallsend to Tynemouth at the coast approximately 5 miles east. Also within easy reach is the Tyne Tunnel and the A19 leading to the A1(M).
Description
The property comprises a refurbished ground floor retail unit occupying a prominent position on High Street East, Wallsend. Benefitting from an extensive glazed frontage, the premises provide excellent visibility and a strong presence within this established retail location. Extending to approximately 115 sq. m (1,238 sq. ft), the accommodation is arranged to provide a spacious open-plan retail area with excellent natural light, complemented by suspended ceilings incorporating modern LED lighting. The flexible layout is capable of accommodating a wide range of retail, office, leisure, or service-based uses, subject to any necessary consents.
In addition to the main sales area, the property benefits from ancillary accommodation including office space, storage areas, kitchen facilities and WC amenities, providing a practical balance of customer-facing and operational space. The premises have been recently refurbished and are presented to a good standard throughout, offering incoming occupiers an attractive opportunity to create a bespoke fit-out tailored to their individual business requirements. The large display frontage and prominent position combine to make this an excellent opportunity for businesses seeking a highly visible trading location within Wallsend town centre.
Floor Area
115 sq. m. (1,238 sq. ft.)
Rent
£12,000 per annum (Paid weekly in advance).
Deposit
Deposit required, subject to contract.
Lease Terms
Leasehold – The property is available by way of a new effective Full Repairing and Insuring (FRI) lease on terms to be agreed.
Insurance
The landlord will be responsible for arranging and maintaining comprehensive buildings insurance for the property and will recover the tenant's proportion of the insurance premium as required under the terms of the lease. The tenant will be responsible for arranging and maintaining adequate contents insurance and business insurance cover in respect of their occupation and use of the premises.
Rateable Value
The 2026 Rating List entry is Rateable Value £11,500
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Viewing Arrangements
Strictly by appointment through this office.
EPC Rating
D
