Retail premises to let in Union Street, Blyth NE24

Location

The subject property is located on Union Street in Blyth. The property is situated less than 100ft from Bridge Street which is the a main Road through Blyth town centre, forming part of the B1328 and linking with the A193 which is a main road providing direct access to the A189 and the North Tyneside Coast.

The property benefits from being just 0.1 mile from Market Square and 50 yards from Keel Row Shopping Centre. The property is accessible by public transport with bus routes servicing Bridge Street and Blyth bus station is just 50 yards away.

Description

The subject property comprises a mid terrace building which provides ground floor retail accommodation with first floor storage. The property benefits from a large glass frontage onto Union Street.

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
49.6m²
534ft²

Rating assessment

The rateable value of the premises as at 1 April 2023 is £6,600 and the estimated rates payable for the current year is £3,293.40. 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

E104

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.

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.

Viewing

For general enquiries and viewing arrangements please contact Bradley Hall.

Tel: Email: