Commercial property for sale28 Tynemouth Road, Howdon, Wallsend
The property is situated at the Northern side of the high street on a busy shopping parade with off road parking available to the front. It is well positioned on the high street with a variety of local retailers and benefits from a high volume of passing traffic, the A19 being near by, and is close to a residential area.
The property comprises a double fronted terraced unit with a ground floor extending to 140.03 sq m (1507 sq ft) and first floor storage extending to
48.72 sq m (524 sq ft). The property benefits from a large single storey extension to the rear. The property was formally used as Television shop trading as Mountfords. It would be suitable for a number of alternative uses subject to the necessary consents.
The property benefits from the following accommodation.
9.12 sm (29 ft)
With single access door leading to lobby.
52.87 sq m (569 sq ft)
With fluorescent light, radiators.
12.3 sq m (132 sq ft)
With fluorescent light.
7.17 sq m (77 sq ft)
67.69 sq m (728 sq ft)
With fluorescent light, double access doors to the rear.
Outer lobby with wash handbasin, leading to W.C.
Accessed via a central staircase from rear 4 No. storesextending to 48.72 sq m (524 sq ft).
A new lease is available at an initial annual rent of£11,900 per annum exclusive. The term is to be agreed(minimum of 5 years on a full repairing and insuringbasis with review at the end of the 3<sup>rd</sup> year).
The proposed lessee would be responsible for theLandlords legal costs and surveyors fees incurred in thepreparation, settling completion of the lease and sendingVAT and stamp duty.
Figures quoted exclude VAT where chargeable.
Strictly by appointment via our South Shields office.Tel (0191) 4271414.
Mains, electricity, gas, water. Gas combination boiler to1 No store.
We have been advised by the Local Authority NorthTyneside Council that the rateable value is £11,000 andrates payable for financial year 2010/2011 are approximately £5382.00.
Please note it will be necessary for any occupiers toconfirm the figures with the Local Authority.
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