On the instruction of Barclays Bank
Jarrow is located approximately 9 miles East of Newcastle Upon Tyne and 4 miles West of South Shields. The property is located opposite the Viking Shopping Centre and situated in a prominent corner position with frontages on to both Ellison Street and Grange Road.
Held by way of a Full Repairing and Insuring lease until 18/03/2028. The lease benefits from a tenant only break on 18/03/2023. There is a rent review on 25/12/2023. Available by way of an assignment.
Each party to bear their own associated legal costs.
Zero rates payable until 1st April 2021 as a Government tax break following the Covid 19 Pandemic. Prior to that: Rateable Value - £9,400 Rates Payable - £0 Per annum (Small Business Rates Relief)
Heworth (3.3 miles)
Manors (4.6 miles)
Newcastle (5.1 miles)