Property for sale

133-135 Coatsworth Road

£150,000

Property Description

Key features

  • Ground floor retail unit and 1st floor flat for sale
  • Retail unit 77.85m (835.06ft)
  • Prominent position fronting busy road
  • Flat let at 495 per calendar month
  • Awaiting EPC rating
  • Offers in the region of 150,000

Full description

SITUATION
The property is located along Coatsworth Road, the main shopping hub within Bensham and home to a mix of national and local independent retailers including Tesco Express, Ladbrokes, Lloyds Pharmacy and Subway.

DESCRIPTION
The property comprises of a ground floor retail unit comprising of circa 77.58 m² (835.06 ft²) .The unit is currently occupied by Dunes Amusements, although we understand the unit is to be sold with vacant possession.

The first and second floor comprises of a modern three bedroom flat with separate entrance. The flat is good condition throughout with a number of fixtures and fittings recently updated including carpets, floors and kitchen appliances. We note the current tenants are held on a 6 month assured short hold at a rental of £495 per calendar month.

ACCOMMODATION
The property comprises:-

Ground floor 77.58 m² (835.06 ft²)

TERMS
The property is available for sale with offers sought in the region of £150,000 (One Hundred and Fifty Thousand Pounds).

RATING ASSESSMENT
Description                            RV                   Estimated Rates Payable
Shop & Premises            £4,600                          £2,226.40

We are advised that the rateable value of the premises as at 1 April 2010 is £4,600 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.4p 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.


Listing History

Added on Rightmove:
28 October 2016

Nearest stations

  • Gateshead Stadium (0.4 mi)
  • Newcastle Central (1.0 mi)
  • Manors (1.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Gateshead Stadium (0.4 mi)
  • Newcastle Central (1.0 mi)
  • Manors (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 3301. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.