Retail premises for sale in Astley Road, Whitley Bay NE25

Location

The property is located on Astley Road in Seaton Delaval, it is a prominent unit that was previously occupied by Lucas James Estate Agents. The property sees a high amount of traffic due to its prime pitch where the A192 meets the A190. Local transport includes bus stops 0.1 miles away on the A192 providing transport to the likes of Newcastle upon Tyne, Blyth, and Cramlington.

Description

The property is arranged over a ground floor, it has a great retail frontage with a W/C and kitchen facility to the rear. The premises would be suitable for a range of retailing businesses.

Accommodation

We calculate the approximate net internal floor areas to be as follows:
Total 44m² 474ft²

EPC rating

C62

Rating assessment

The rateable value of the premises as at 1 April 2023 is £6,700 and the estimated rates payable for the current year is £3,343.30. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new lease with terms to be agreed at £9,000 (Nine Thousand Pounds) per annum.

The property is available to purchase with a guide price of £85,000 (Eighty Five 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.

Tel: Email: