Retail premises to let in Meadowfield Shopping Parade, Ashington NE63

£12,500 pa (£21.55/sq. ft. pa)
Retail premises to let 580 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Location


The subject property is situated within Meadowfield Shopping Parade in North Seaton, Ashington. Meadowfield Shopping Parade is situated within a popular mixed use location, surrounded by local housing estates, local schools and businesses including Spar, Bellissimo Pizza & Grill, v-Gormans Fish and Chips and North Seaton Estate Post Office.

The property is easily accessible by road and public transport with bus stops located next to the shopping parade and the A189 is approximately 0.5 miles away which provides access to the north of the region and the south via the A19 and Ashington town centre is 2.3 miles away.


Description


The property comprises a mid terrace retail unit situated within a popular retail parade. The unit benefits from a large glass frontage and internally comprises a hair and beauty shop.


The business


The business has been trading within the same family for 35 years. The business sale can include fixtures and fittings including six hair cutting stations, two wash basins, two blow driers, a waxing bed and a nail bar.


Accommodation


Total 53.9m² 580ft²


Rating assessment


Description rv Estimated Rates Payable
Shop and Premises £12,250 £6,014.75

We are advised that the rateable value of the premises as at 1 April 2017 is £12,250 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.1p in the pound. However, interested parties should confirm the current position with the Local Authority.


EPC rating


E107


Terms


The property is available by way of a lease assignment. The lease is held for a term of 15 years from 7th March 2008 until 6th March 2023 at a rent of £12,500 (Twelve Thousand Five Hundred Pounds) per annum.

A premium for the goodwill and fixtures and fittings for the business, further information can be provided upon request.


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.


Money laundering regulations


In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

Property info

  • Unfurnished

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

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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 Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall 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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