Property description
LOCATION
The property is located within the affluent suburb of Sandyford and situated with a prominent position fronting onto the busy B1307 Sandyford Road, linking with the A1058 Coast Road. This road network provides a high volume of traffic to and from Newcastle City Centre. Sandyford is a densely populated residential and commercial area within a short walking distance of Newcastle City Centre and is highly favoured by students who attend Northumbria and Newcastle Universities. The subject property is situated opposite to a NISA convenience store, The Bathstore and is next to a site which is being redeveloped for what is assumed to be a commercial use.
DESCRIPTION
The subject property comprises of a semi detached workshop premises. The building is of cavity brick construction having a pitched felt covered roof and single glazed windows within metal casements. There is personnel access to the front of the unit and two roller shutter doors to the side of the unit providing vehicle access.
The site presents an excellent opportunity for alternative use such as retail subject to obtaining the necessary planning consent.
ACCOMMODATION
The property comprises of the following gross internal floor areas:-
Workshop186 sq m(2,000 sq ft)
TENURE
The property is available to let by way of a new fully repairing and insuring lease for a term of years and rent review pattern to be agreed.
Our client would consider developing the site subject to covenant, terms and planning.
RENT
£30,000 (Thirty Thousand Pounds) per annum.
EPC
Available upon request.
LEGAL COSTS
The purchaser to cover the vendor’s reasonable legal costs incurred in any purchase.
RATING
We understand that the rating assessment on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority
DescriptionWorkshop & Premises
Rateable Value£5,500
VAT
References to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
VIEWING AND FURTHER INFORMATION
Strictly by appointment, contact:
Kevin McGorie
Tel: 0191 269 0174
E-mail: kevin.mcgorie@sw.co.uk
Richard Rafique
Tel: 0191 232 8080
E-mail: richard.rafique@bradleyhall.co.uk