Property

Retail

207 Whitley Road, Whitley Bay, Tyne & Wear, NE26 2SY

The property comprises a ground floor retail unit previously occupied by Grainger Games fronting onto Whitley Road. On street parking is available to the front of the property.

LOCATION

Whitley Bay is a seaside town and densely populated region of North Tyneside located on the North East coast, approximately 9 miles to the north east of Newcastle upon Tyne. It is easily accessed by road from the City Centre via the A1058 (Coast Road). The A1(M) and A19 are also easily accessed via the Tyne Tunnel. The Tyne & Wear Metro line runs through Whitley Bay with the closest station to the building being approximately 0.7 miles to the south. A metro journey to Newcastle city centre takes around 25 minutes to Whitley Bay

DESCRIPTION

The property comprises a ground floor retail unit previously occupied by Grainger Games fronting onto Whitley Road. On street parking is available to the front of the property.

ACCOMODATION

The property has the below net internal area;

Ground Floor Retail –              33.99 sq m          (366 sq ft)

TERMS

The premises are available by way of a new full repairing and insuring lease at a rent of £7,500 per annum (exclusive).  All other terms are to be agreed by negotiation.

EPC

An energy performance certificate has been commissioned and will be available shortly.

RATING ASSESSMENT 

The rating assessment currently appearing on the 2017 Valuation List is as follows: –

Shop & Premises:  £4,100

The Small Business rate for the year 2020/2021 is 49.9 pence in the pound.

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All figures quoted are exclusive of VAT where chargeable.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Sign up for our newsletter
ErrorHere