Benton Park Road, Gosforth, NE7 7LX

Location

The property is situated 2.5 miles north east of Newcastle city centre on Benton Park Road (A191) in South Gosforth, which is one of the city's most popular and affluent suburbs. Benton Park Road is near the popular residential suburbs of Gosforth and High Heaton and is a main arterial route between Newcastle city centre and the commuter district of Longbenton. The surrounding area is primarily residential in nature with Promis identifying Gosforth as a pocket of affluence on Newcastle's northern fringe. Nearby occupiers include Majestic Wine and Sainsbury's Local. South Gosforth and Longbenton Metro stations are both within 10 minutes walking distance providing rail links to Newcastle city centre and the rest of the North East.

Description

The property comprises a modern purpose-built retail warehouse with extensive frontage to the A191 Benton Park Road. Lidl have agreed a new overriding lease on the Wickes store for their new 23,423 Sq ft food store.

A new ancillary retail unit will be created out of the whole unit as shown on plan with good frontage to the carpark and side elevation. It will share adjacent loading yard and approximately 105 space surface carpark. Lidl intend to open for trade Spring 2019.

An adjoining retail unit next to the Lidl store will provide an approximate gross internal area of: 630 sq m (6,781 sq ft)

Terms

The property is available by way of a sub-lease from Lidl on effective Full Repairing and Insuring new lease for a minimum term of 10 years at a quoting rent of £15.00 psf. A service charge will be payable.