Retail premises for sale in John Street, North Shields NE30

Location

Cullercoats, located in North Shields, is a coastal village situated along the North Sea coastline. The village is 10 miles from Newcastle upon Tyne and 8 miles from Blyth. The property is 1 mile from Coast Road providing convenient transport to Newcastle upon Tyne, the Metro is also 0.2 miles away from the property. Local businesses in the area include Co-op Food, Cullercoats Coffee Co, and China Coast.

Description

The property is arranged over a ground floor and first floor. The ground floor comprises of a large open area with a prominent glass frontage. The first floor includes three separate office spaces which could be used for a variety of uses.

Tenant Rent
Ground floor tenant £7,140

First floor tenant £2,040

Accommodation

We calculate the approximate net internal floor areas to be as follows:

Ground Floor 60m² 646ft²
First Floor 27m² 291ft²
Total 87m² 937ft²

EPC rating

D88

Rating assessment

The rateable value of the premises is to be reassessed based on both the ground and first floor.

Terms

Guide price of £150,000 (One Hundred and Fifty Thousand Pounds).

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

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

Anti-money laundering regulations

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.

Viewing

For general enquiries and viewing arrangements please contact Bradley Hall.

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