51 Frederick StreetSunderland SR1 1NF

Retail | Offices | Industrial | Investment | Development | Leisure

Sunderland: 0191 5658844 www.lofthouseandpartners.co.uk

Regional coverage from offices in Durham and Sunderland

Also at Portland House Belmont Business Park

Durham DH1 1TW

Regulated by RICS

To Let

• Highly prominent car showroom and workshop premises • Located on Felling By-pass – Park Road • Benefiting from high level of traffic flow • Totalling 7255 ft2 (673.99m2) on site of 0.629 acres • Secure compound and surfaced parking • Total parking spaces for c.80 cars including display

Former Car Showroom and Workshop Premises with extensive Parking Park Road Gateshead NE8 3HL

Location The property is located on the Felling By-Pass which is the main arterial route leading into Newcastle from Gateshead benefiting from high levels of daily traffic flow and visibility. The premises are located immediately adjacent to Crowther Lodge Motor Co, Hyundai and McDonalds and immediately opposite the Vauxhall car dealership.

Description The premises comprise modern former car showroom, offices and stores with multi sided full height display windows occupying a site of approximately 0.629 acres. To the rear is a vehicle workshop with a maximum eave’s height of circa 6m providing 4 car bays. The site has an unusually high ratio of approximately 80 car parking spaces partly being fenced and secure.

Accommodation The property briefly comprises as follows:-

ft2 m2

Ground Floor Showroom and Offices etc 3712 344.84 Workshop 2260 209.95 Mezzanine Stores 12836 1192.46TOTAL 7255 673.99 Externally Rear compound 37 spaces. Side compound 30 spaces. Display 13 spaces. Total circa 80 spaces.

Tenure A new Lease is available at a commencing annual rental of £85,000 pax on terms to be agreed excluding the provisions of the landlord and tenant Act 1954.

Costs Each party will be responsible for their own Legal Fees incurred in the transaction.

VAT Figures quoted exclude VAT where chargeable.

Viewing Contact – Mario Jaconelli or Alexa Reavley

• mario@lofthouseandpartners.co.uk • alexa@lofthouseandpartners.co.uk • 0191 5658844

Rateable Value The Valuation Office has confirmed the Rateable Value(s) as follows: Car Showroom and Premises £74,500 The Uniform Business Rate for the Rates Year 2020/2021 is 51.2p. If necessary, a written request should be made to the Local Authority for confirmation. Due to Covid-19, businesses in the retail, hospitality and leisure sectors in England are exempt from business rates for the 2020 to 2021 tax year. Eligible properties include shops, restaurants, cafés, bars or pubs, cinema or live music venues, assembly or leisure properties - e.g. sports clubs, gyms and spa’s, hospitality properties e.g., hotels, guest houses or self-catering accommodation.

Money Laundering Regulations In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref C3806

EPC Energy Rating C

Park Road Gateshead, NE8 3EJ

created on Plotted Scale - 1:1,250