Property description
SITUATION
The property is located on Waterloo Road in Blyth, Northumberland. Blyth is a market town situated on the coast to the south of the River Blyth and approximately 13 miles north east of Newcastle upon Tyne.
In recent years, Blyth town centre has undergone redevelopment, and boasts a number of national retailers in the market place and in The Keel Row Shopping Centre and increasing retail offering.
DESCRIPTION
The property is of traditional construction with a glazed and rendered façade externally at first floor. The ground floor has an excellent shop frontage and open plan sales. There is also additional storage to the rear.
ACCOMMODATION
The accommodation comprises:
Ground floor sales & storage
90.88m² (978.2ft²)
First floor office & storage
40.90m²
(440.2ft²)
Total
131.78m²
( 1,418.4ft²)
TERMS
The property is available for sale at an asking price of £150,000 (One Hundred and Fifty Thousand Pounds) for the benefit of the freehold interest with vacant possession.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Shop & Premises
£10,500
£4,945.50
We are advised that the rateable value of the premises as at 1 April 2010 is £10,500 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 COSTS
Each party is to bear their own legal costs involved in the transaction.
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.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
Property Features :
- Freehold retail premises with vacant possession
- Located adjacent to Blyth Market Place
- Ground floor 90.88m² (978.2ft²)
- First floor 40.9m² (440.2ft²)
- Awaiting EPC Rating