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Retail Property (high street) for sale

105 Clayton Street, Newcastle Upon Tyne, NE1 5PZ

Offers Over 46 sq. m. | £15,000

Property Description

Commercial information

  • Business for sale
  • 495 sq ft (46 sq m)

Key features

  • Established Business
  • Fully Fitted and Equipped
  • By way of existing lease terms
  • Prominent Position

Full description

The subject business is currently trading as Kings & Queens Hairdressing salon. The seller will discuss the weekly takings and potential for increasing trade on viewing the property as well as explaining what equipment will remain. Interested parties should make their own enquiries to the local authority with regard to proposed uses. The premises are available subject to existing lease terms. Offers to take occupation will be considered on an individual basis.

LOCATION
The subject business is situated within Clayton Street, Newcastle upon Tyne, located within the main leisure district of the city centre. Clayton Street is an established retail street stretching from Greys Monument south to Westgate Road. Clayton Street is an established shopping location within the city centre with a number of household retailers encouraging high levels of footfall and passing trade.

ACCOMMODATION
Accommodation comprises;

Access from street level leading to;

Ground floor convenience store; fully fitted and equipped for the trade, suspended ceiling, florescent lighting and W.C facilities. NIA approxiately: 26.17m2 (281.70ft2)

Basement: NIA approxiately: 20.0m2 (215.24ft2)

Total NIA approximately: 46.17m2 (496.98ft2).

LEASE TERMS
The premises is available by way of existing lease of 15 years commencing June 2015 at 1,800PCM.

RATEABLE VALUE
The adopted rateable value being 10,000 as effective from 01 APRIL 2010.

EPC
Available upon request.


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