Retail premises to let in Bridge Street, Blyth NE24

Location

The subject property is located on Bridge Street in Blyth. Bridge Street is a main Road through Blyth town centre, forming the B1328 and linking with the A193 which is a main road providing direct access to the A189 and the North Tyneside Coast.

Bridge Street is home to a number of local and national retailers including Royal Mail, Poundstretcher, Blyth Library, Frameworks and Jobcentre. The property benefits from being just 150ft from Market Square and 200ft from Keel Row Shopping Centre. The property is accessible by public transport with bus routes servicing Bridge Street and Blyth bus station is just 200ft away.

Description

The subject property comprises a ground floor retail unit which is predominantly open plan, with WC facilities. The unit benefits from roller shutter security.

Accommodation

Total 44.4m² 478ft²

Rating assessment

Description rv Estimated Rates Payable
Shop and Premises £6,800 £3,393.20

We are advised that the rateable value of the premises as at 1 April 2017 is £6.800 and we have estimated the actual rates payable for the current year above. 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.

EPC rating

D88

Terms

The property is available by way of a new lease with terms to be agreed at £7,500 (Seven Thousand Five Hundred Pounds) per annum.

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.