191 High Street is a prominently located end of terrace office building. Internally, the self-contained unit benefits from a small element of retail accommodation and offices on the ground floor, and a mix of open plan and cellular office accommodation across the first and second floors. Each floor benefits from a small kitchen area and male/female WC facilities, and there is small surfaced yard to the rear of the property.
The property is under lease until September 2025, achieving a rental income of £33,000 PA. Should the tenant not renew, the premises could remain as an office/retail use, or there is development potential the upper levels for alternative use, subject to the granting of an appropriate planning permission
The property is situated in a prominent position on High Street Gateshead, a popular retail street adjacent to the Regeneration Area of the Town Centre known as Trinity Square. Proposals include a flagship Tesco retail store, cafes, bars, 40 retail shops, hotel, office and student accommodation.
EPC Rating is being commissioned. Key Features - Mix of Office and Retail space - Open plan and cellular accommodation - Kitchenette facilities - Suspended ceilings - Prominent location ( Agency Pilot Software ref: 112885 )