Shop to rent

305 Whitley Road,Whitley Bay,NE26 2HU

1,100 sq. ft. | £20,000 pa| £1,667 pcm

Property Description

Commercial information

  • 1,100 sq ft (102 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Only 10 Miles east of Newcastle
  • Popular seaside tiwb
  • Population of 36,500 people
  • Close proximity to Park View shopping centre
  • Recently refurbished

Full description

LOCATION
Whitley Bay is a popular seaside commuter town situated approximately 10 miles east of Newcastle City Centre. The District population is 36,500 (Focus).

This imposing property is situated on the corner of Whitley Road and Marsden Road and forms the gateway to Whitley Bay Town Centre.

The Park View Shopping Centre which is anchored by retailers including Sainsburys, Costa Coffee, Boots, Peacocks, Iceland etc is situated opposite together with the principal town car park above.

DESCRIPTION
The property has recently been subdivided to create two retail units both of a similar size. Internally, the accommodation will be delivered providing separate toilet and kitchen facilities along with newly refurbished sales space.

ACCOMMODATION
Arranged on ground floor each property will provide the following approximate areas:-

Ground Floor Sales 1,100 Sqft

LEASE TERMS
Each property is available by way of a new Full Repairing and Insuring Lease for a term to be agreed at a rent of 20,000pa.

RATING
Following the subdivision the property will require reassessment from the valuation office agency. We can advise that the current rateable value for the property is as follows:
According to the Valuation Office Website - https://www.gov.uk/correct-your-business-rates, the 2017 Draft Rating Assessment is as follows:-

Rateable Value 38,250

According to the same website the estimated rates payable is as follows:-

Rates Payable for year commencing 1 April 2017 17,824

Interested parties should make their own enquiries as subject to individual circumstances the actual amount payable may vary.

SERVICES
Each property is equipped with mains supplies of gas, electricity and water and is connected to the main drainage system.

USE
We believe the property could be used for a variety of uses subject to the necessary planning and licensing approvals (if applicable). We believe this property may appeal to the retail, restaurant or licensed trades - the property has A1 Retail consent at present and was formerly used for a retail food store and off licence by the Co-operative Group.

EPC
An Energy Performance Certificate has been commissioned and will be available to interested parties.


More information from this agent

Nearest stations

  • Whitley Bay (0.0 mi)
  • Monkseaton (0.4 mi)
  • Cullercoats (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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

  • Whitley Bay (0.0 mi)
  • Monkseaton (0.4 mi)
  • Cullercoats (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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.

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Property reference 305WhitleyRoad. 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 @retail, Newcastle Upon Tyne.

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