NE24 1BL, Bridge Street, Blyth, NE24, Blyth
Listed 15 days ago and may not be available Listed on 2/22/2015
Bridge Street Blyth, NE24 1BL
SITUATIONThe prominent two storey retail premises are situated close to the intersection of Bridge Street, Waterloo Road and Havelock Street in the bustling market town of Blyth. The premises are adjacent to a pedestrian crossing linking pedestrians into the market place and Keel Row Shopping Centre which lies directly opposite the subject premises.Surrounding occupiers include Boots the Chemist, Grainger Games, Halifax and Morrison’s.DESCRIPTIONThe subject property is a two storey mid terrace retail premises, centrally located within Blyth town centre on Bridge Street in Northumberland. The property comprises; traditional shop window frontage, ground floor and first floor stores/offices and benefits from electric roller shutters. A change of use application to Class A5 has been applied for. Further information available on request. ACCOMMODATIONThe property comprises:Ground floor sales 45.8m² (493.0ft²)First floor offices/stores 28.0m² (301.4ft²)NIA 73.8m² (794.4ft²)TERMSThe property is available for sale at an asking price of £85,000 (Eighty Five Thousand Pounds). Alternatively, our client may let the property at a rental of £7,000 per annum, by way of a new lease for a term of years to be negotiated.RATING ASSESSMENTDescription RV Estimated Rates PayableShop & Premises £11,250 £5,298.75We are advised that the rateable value of the premises as at 1 April 2010 is £11,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction. VATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.