Retail premises for sale in Broadway Circle, Blyth NE24

£15,000
Interested in this property? Call +44 191 686 1492 * or

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Property features

  • Business for sale
  • A1 retail
  • Automobile parts shop
  • Very well established business
  • Trading over 30 years
  • Town centre location

Property description

Summary

The subject business is a well established autoparts retailer known as Gearbox Autoparts, specialising in the sale of automobile parts and equipment. The business is well established and well known within the town as it has been trading for over thirty years. This offers an ideal opportunity to take over an established operation with an experienced sales team going forward.

Location

The subject property is located within Broadway Circle, a prominent crescent of retail premises on the outskirts of Blyth town centre. Blyth is an established town located on the north east coast of England (around 14 miles north of Newcastle upon Tyne), provided a wide variety of services and facilities supporting the local population and surrounding communities.

Accommodation

Ground floor
Main Sales.33.17m2
Store. 12.5m2
Store. 6.4m2
net internal area. 45.61m2


First floor


Landing
Three Rooms
Seperate WC
Bathroom
net internal area. 35m2

total net internal area. (80m2 861 sqft)


External


External WC and enclosed yard.

Business Details

Details of turnover and associated matters will be provided to interested parties upon viewing the business by our clients.

Lease Terms

Gearbox currently rents premises at 3/3a Broadway Circle for which Bradley Hall manage the property. The term is 6 years commencing from 1 February 2012 at an initial rent of 7,500 per year. A copy of the lease agreement can be provided on request. The tenants have renewed the lease for February 2019 for one year at 10,000 per annum. There is an option to extend to a six year lease.

Rateable Value

The adopted rateable value is 5,400 as of 1st April 2017.
Sourced from voa.

EPC

Available upon request.

VAT

We are advised that VAT is applicable on this transaction.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Property info

Nearby transport

  • Cramlington (4.1 miles)
  • Pegswood (6.3 miles)
  • Morpeth (7.1 miles)
  • Newcastle Airport (9.1 miles)
  • Durham Tees Valley Airport (42.6 miles)
  • Leeds Bradford International Airport (87.1 miles)
  • North Shields Ferry Terminal (8.7 miles)
  • South Shields Ferry Terminal (9.2 miles)
  • Newcastle International Ferry Terminal (9.4 miles)

Nearby schools

View all schools in Northumberland
  • St Wilfrid's Roman Catholic Voluntary Aided Primary School (0.1 miles)
  • Croftway Primary Academy (0.2 miles)
  • Malvin's Close Primary Academy (0.5 miles)
  • Astley Community High School (3.7 miles)
  • Northumberland College (3.9 miles)
  • Whitley Bay High School (5.5 miles)
  • Bede Academy (0.4 miles)
  • The Blyth Academy (1.3 miles)
  • Bedlingtonshire Community High School (2.2 miles)
Note: Distance is shown as a straight line measurement

Local info for Northumberland

About the neighbours in NE24

For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)

Contact Pattinson - Commercial about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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