Property description
SITUATION
The property is located on Rudyerd Street in North Shields which leads onto Saville Street West, one of the main retail parades in North Shields. The property is well situated and surrounding occupiers include The Carpet Shop, Life Style Convenience Store and Tyne Cycles.
North Shields is on the north bank of the River Tyne around 8 miles east of Newcastle city centre which is accessed by the A1058 Coast Road.
DESCRIPTION
The premises comprise flexible open plan accommodation over two floors and would be suitable for a variety of uses subject to planning. The property has frontage on Little Bedford Street and Rudyerd Street and the premises is interlinked between the two.
The unit would be suitable for retail, office or D2 use, subject to planning permission.
ACCOMMODATION
The property comprises a retail / warehouse unit of the below sizes
Rudyerd Street
Ground Floor
177.13m²
(1,906.6ft²)
First Floor
34.90m²
(375.6ft²)
Little Bedford Street
Ground Floor
298.90m²
(3,217.3ft²)
First Floor
482.94m²
(5,198.2ft²)
Total993.87m²(10,697.7ft²)TERMS
The property is available by way of a new full repairing and insuring lease for a term of years to be agreed. Rental price on application.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Shop &
£20,000
£9,420
Premises
We are advised that the rateable value of the premises as at 1 April 2010 is £20,000 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 :
- Warehouse / retail accommodation to let
- Ground floor 309.6m² (3,333ft²)
- First floor 309.6m² (3,333ft²)
- New lease available
- EPC Rating C54