6pp 105275 gateshead brochure_aw

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This digitally enhanced image is published for convenience of identification only and although believed to be correct it’s accuracy cannot be guaranteed and is expressly excluded from any contract. Prime 148,000 sq ft retail premises adjacent to IKEA, ASDA, Metro Retail Park and Metrocentre On the instructions of Westar Limited (in Guernsey Administration) Acting by its Administrator, Rick Garrard of Deloitte LLP Gibside Way Gateshead | Ref: 105275 Gateshead, Gibside Way Unique Freehold Opportunity 301 surface car parking spaces Fully fitted to extremely high standard 148,000 sq ft (13,753 sq m) GIA Open A1 non food planning consent (90,000 sq ft / 8,365 sq m at ground, 58,000 sq ft / 5,390 sq m at first)

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■ Open A1 non food planning consent ■ 301 surface car parking spaces ■ 148,000 sq ft (13,753 sq m) GIA ■ Fully fitted to extremely high standard On the instructions of Westar Limited (in Guernsey Administration) Acting by its Administrator, Rick Garrard of Deloitte LLP (90,000 sq ft / 8,365 sq m at ground, 58,000 sq ft / 5,390 sq m at first) Gibside Way Gateshead | Ref: 105275

TRANSCRIPT

Page 1: 6pp 105275 Gateshead Brochure_AW

This digitally enhanced image is published for convenience of identification only and although believed to be correct it’s accuracy cannot be guaranteed and is expressly excluded from any contract.

Prime 148,000 sq ft retail premises adjacent to IKEA, ASDA, Metro Retail Park and Metrocentre

On the instructions of Westar Limited (in Guernsey Administration)

Acting by its Administrator, Rick Garrard of Deloitte LLP

Gibside Way Gateshead | Ref: 105275

Gateshead, Gibside Way Unique Freehold Opportunity

■�����301 surface car parking spaces

■�����Fully fitted to extremely high standard

■������148,000 sq ft (13,753 sq m) GIA

■�����Open A1 non food planning consent

(90,000 sq ft / 8,365 sq m at ground, 58,000 sq ft / 5,390 sq m at first)

Page 2: 6pp 105275 Gateshead Brochure_AW

Metro Centre

Gateshead Gibside Way | Unique Freehold OpportunityPrime 148,000 sq ft retail premises adjacent to IKEA, Asda, Metro Retail Park,and Metrocentre

Gibside Way Gateshead | Ref: 105275This digitally enhanced image is published for convenience of identification only and although believed to be correct it’s accuracy cannot be guaranteed and is expressly excluded from any contract.

Page 3: 6pp 105275 Gateshead Brochure_AW

Metro Centre

A1

A1

A695

A1114

A695

A69

This plan is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and is expressly excluded from any contract.

Gateshead Gibside Way | Unique Freehold OpportunityPrime 148,000 sq ft retail premises adjacent to IKEA, Asda, Metro Retail Park,and Metrocentre

Gibside Way Gateshead | Ref: 105275

Page 4: 6pp 105275 Gateshead Brochure_AW

Metro Centre

Metro Retail Park

A1A1

A695

A1114

A695

This plan is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and is expressly excluded from any contract.

Gateshead Gibside Way | Unique Freehold OpportunityPrime 148,000 sq ft retail premises adjacent to IKEA, Asda, Metro Retail Park,and Metrocentre

Gibside Way Gateshead | Ref: 105275

Page 5: 6pp 105275 Gateshead Brochure_AW

This plan is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and is expressly excluded from any contract.

Gateshead Gibside Way | Unique Freehold OpportunityPrime 148,000 sq ft retail premises adjacent to IKEA, Asda, Metro Retail Park,and Metrocentre

Gibside Way Gateshead | Ref: 105275

Page 6: 6pp 105275 Gateshead Brochure_AW

Location The Gateshead Metrocentre and surrounding environs comprise the dominant shopping destination in the North East of England, serving an immediate catchment population of some 1.3 million. The excellent road communications result in more than 2 million people live within one hour’s drive.

In addition to the 1.78 million sq ft regional shopping centre, the IKEA and ASDA stores, the existing retail warehouse provision comprises Metro Park West (DFS and Pets at Home) and Metro Retail Park (which includes Toys R Us, JJB, Staples and Furniture Village).

The subject property is located on Gibside Way, in close proximity to IKEA and ASDA enabling easy road access to the existing retail provision and the A1 Western By-Pass.

Description The property comprises a modern retail building constructed in 2003 and extensively remodelled in 2005. The store is available with the benefit of the existing high quality fit out, including heating, lighting, air conditioning, CCTV, escalators, lifts, staff facilities and WC’s. The property benefits from 301 surface car parking spaces.

Accomodation The property comprises the following floor areas: Ground Floor Sales/Stock - 70,000 sq ft (6,505 sq m) First Floor Sales/Staff - 58,000 sq ft (5,390 sq m) Ground Floor Retail Warehouse - 20,000 sq ft (1,858 sq m) Total GIA - 148,000 sq ft (13,753 sq m) Site Area - 7.25 acres (2.93 ha)

Planning The property benefits from an A1 (non food) planning consent.

Tenure Proposals are sought from interested parties for the freehold interest with vacant possession, with the benefit of all the existing fixtures and fittings. Consideration may be given to the letting of the premises as a whole.

Viewing / Further Enquires

Daniel Berrevoets Mark Talbot 020 7465 5107 020 7465 5125 [email protected] [email protected]

MISREPRESENTATION ACT 1967 These particulars arebelieved to be correct, but accuracy cannot be guaranteedand they are expressly excluded from any contract

Gibside Way Gateshead | Ref: 105275