Property description
SITUATION
The property is situated within a well established retail parade on West Wylam Drive in Prudhoe, Northumberland. Prudhoe itself is a densely populated village approximately 7 miles west of Newcastle City Centre. The area benefits from being located on the Newcastle Carlisle railway as well as having bus services and good transport links.
DESCRIPTION
The subject premises is a mid terrace retail unit of traditional brick construction and benefits from large roller shutters over good glass frontage.
ACCOMMODATION
The property comprises:-
Ground floor
112m²
(1,209ft²)
TERMS
The property is available by way of a new fully repairing and insuring lease for a term of years to be negotiated at a rental of £7,500 (Seven Thousand Five Hundred Pounds) per annum.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Shop & Premises
£12,250
£5,769.75
We are advised that the rateable value of the premises as at 1 April 2010 is £12,250 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 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 :
- Ground floor retail unit to let
- Total size 112 sq m (1,209 sq ft)
- Well established retail parade
- Prominent glass frontage
- EPC Rating E104