Retail premises to let in Wensleydale Terrace, Blyth NE24

Location

The subject property is located on the corner of Wensleydale Terrace and Gordon Road in Blyth. The property is situated within a predominantly residential location, opposite the Port of Blyth, just 0.8 miles south of Blyth town centre and within close proximity to the popular Blyth beach and Blyth Park.

The property can be accessed by public transport with a bus stop located outside of the property. Wensleydale Terrace forms part of the B1329 which is a main road through Blyth, linking with the A193 to the north and south which is approximately 0.5 mile away. The A189 is 3.5 miles away.

Description

The subject property comprises a ground floor retail unit occupying an end terrace and corner position which benefits from a double glazed frontage. The property has traded as a hair dressing salon for 15 years and is fit out as such, comprising an open plan retail space with kitchen and WC facilities.

The property may be suitable for a variety of uses within Use Class E.

Accommodation

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

Ground floor 62.8m² 676ft²

Rating assessment

The rateable value of the premises as at 1 April 2023 is £4,300 and the estimated rates payable for the current year is £2,145.70. This is based on the uniform business rates multiplier of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

EPC rating

Awaiting EPC Rating.

Terms

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

Anti-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.