Leisure/hospitality for sale in Albion Road, North Shields NE30

Accommodation

The property provides the following approximate gross internal areas:

Ground Floor - 154.76 sq m 1,666 sq ft
First Floor - 72.02 sq m 850 sq ft
Self-contained flat - 84.05 sq m 905 sq ft
Total - 310.83 sq m 3,421 sq ft

In addition, there is also the beer cellar below the pub but it does not have full ceiling height.

Rating assessment

The rating assessment currently appearing on the Valuation List is as follows:

2023 13,900

The Small Business Rate for the year 2023/2024 is 49.9 pence in the pound

Terms

We are instructed to seek offers of £195,000 for our client’s freehold interest, subject to contract.

Tenure

The property is held freehold.

Anti-money laundering

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful buyer.

Legal costs

Each party to bear their own legal costs incurred in the transaction.

Energy performance

The property has an Energy Performance Certificate rating of B(42).

VAT

All figures are exclusive of VAT where chargeable.