Retail premises to let in Meadowfield Shopping Parade, Ashington NE63

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 subject property comprises a ground floor retail unit with prominent glass frontage and roller shutter security. Internally, the property is currently fit out as a takeaway unit with kitchen, seating area and counter.

Accommodation

Ground floor 69.4m² 747ft²

EPC rating

D86

Rating assessment

The rateable value of the premises as at 1 April 2023 is £9,700 and the estimated rates payable for the current year is £4,840.30. 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 £15,000 (Fifteen 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 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.