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Office for sale

1-4 Stokers Building

£295,000

Property Description

Key features

  • Office building with prominent frontage
  • Offices/B1 use
  • Size 366.1m (3,938.81ft)
  • Variety of uses STPP
  • EPC Rating E125
  • Freehold of 295,000

Full description

SITUATIONThe property is situated on Front Street in Bedlington Town Centre. The property is in a prominent location within close proximity to the A189 and is served by a regular bus services to Newcastle, Ashington and Blyth. Surrounding occupiers include several restaurants and a hotel all within a short radius.DESCRIPTIONThe property comprises ground, first and second floor office along with an adjacent yard; it is an end terrace building, of solid stone construction with a double frontage.ACCOMMODATIONThe property comprises:-Ground floor: 287.4 m² 3,092.42 ft² First floor: 64.4 m² 692.94 ft² Second floor: 14.3 m² 153.87 ft²Total 366.1m² 3,938.811ft²TERMSThe property is available for sale for an asking price of £295,000 (Two Hundred and Ninety Five Thousand Pounds) for the benefit of the freehold interest. We are advised that VAT is payable on the purchase price.RATING ASSESSMENTDescription RV Estimated Rates PayableOffices & £24,250 £11,640 PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is £24,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.0p 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 COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.

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