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5 bedroom end of terrace house for sale

York Road/Oxford Street, Whitley Bay

Guide Price £275,000

Property Description

Key features

  • Excellent Investment/Development Opportunity
  • Prominent Corner Property
  • Close to Town Centre
  • Ground Floor Cafe (Let)
  • Ground Floor Bedsit (Let)
  • Vacant First/Second Floors
  • Ideal Conversion
  • Business Opportunity
  • Subject to Planning Permission
  • Viewing by Appointment

Full description

An unusual opportunity to purchase an exciting investment/development property close to Whitley Bay town centre. This prominent corner building extends over three floors. To the Ground Floor, there is a popular café, held on a commercial lease and a bedsit with kitchen area, shower enclosure and WC, also let. The first and second floors are vacant. Formally bedsits, this is an excellent opportunity to refurbish or redevelop, subject to the necessary planning and building consents. An Entrance Hall leads to stairs to the First Floor Landing with two rooms and a Kitchen. A lobby gives access to a door to a Roof Terrace and a self contained Bedsit with kitchen area and shower. There are a further 3 rooms and a Bathroom/WC to the Second Floor. There is a Garage to the rear.

Café held on a 12 year lease from June 2008. Next Rent Review date 1st March 2017. Lease available for inspection within our office. Current Rent £6,250 pa.

Bedsit - We are informed this property is let at £80 per week.

Cafe - Area 1 - 8.08m x 4.11m (26'6 x 13'6) -

Cafe - Area 2 - 3.35m x 3.05m (11' x 10') -

Kitchen - 3.66m x 2.49m (12' x 8'2) -

Toilets -

15A Bedsit - 4.52m x 4.37m (14'10 x 14'4) -

Entrance Hall -

First Floor Landing -

Room 1 - 3.30m x 4.78m (into bay) (10'10 x 15'8 (into bay)) -

Room 2 - 4.17m x 3.66m (13'8 x 12') -

Kitchen - 4.70m x 3.61m (15'5 x 11'10) -

Wc -

Second Floor Landing -

Room 3 - 4.01m x 3.45m (13'2 x 11'4) -

Room 4 - 3.40m x 3.25m (11'2 x 10'8) -

Bedroom 5 - 3.30m x 3.25m (10'10 x 10'8) -

Bathroom/Wc -

Self Contained Bedsit - 4.60m x 3.51m (15'1 x 11'6) -

Garage -

More information from this agent

Listing History

Added on Rightmove:
11 July 2016

Map & Street View

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