St Georges Road, Cullercoats
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Commercial property for sale
Description
Best And Final Offers - To all interested parties,
RE: St Georges Road, Cullercoats
We have been instructed by our client to seek best and final offers for the above by 12 noon on Thursday 14th November 2024.
All offers should be submitted electronically to
Method of Sale
The freehold interest is offered for sale by private treaty.
Interested parties should note that the Vendor reserves the right not to select the highest, or any, offer received.
In addition, any information you wish to provide in support of your offer, should cover the following key points within your proposal:
Purchaser Details
Provide the identity of the purchasing entity and funding partner (if any). Please identify any requirements for Board or other third-party approval prior to exchange of contracts.
Solicitors and Advisors
Provide details of the purchaser's solicitors and other advisors relevant to the acquisition.
Purchase Price
State your total cash consideration (in pounds sterling) for the freehold interest.
Funding
Provide confirmation of the source of funds for the transaction, which should be supported by written evidence from any third-party debt or equity providers and / or bank statements.
All offers should be submitted electronically to the retained agents below.
Please note if your offer is not accepted all information/documents provided will be destroyed.
James Barlow BSc (Hons) MRICS
Partner
R A Jackson & Son LLP
18 Northumberland Square
North Shields
Tyne and Wear
NE30 1PX
Email :
Tel :
Web :
Material Information - COUNCIL TAX: Band B (Flat only)
RATEABLE VALUE: £10,500
EPC RATING: C
PRICE: Offers Over £275,000
TENURE: Freehold
PROPERTY TYPE: Commercial premises with First Floor Flat
CONSTRUCTION: Traditional
UTILITIES: Gas, Electric & Water - PAYG
PARKING: No parking allocated to the property.
Location And Situation - The property is located in Cullercoats which lies half a mile south of Whitley Bay town centre on the North East coast of England and around ten miles east of Newcastle City Centre. Cullercoats is a popular residential area.
The location also provides access to the Tyne & Wear Metro system and the sea front at Cullercoats Bay.
The larger retail centres at Whitley Bay and Tynemouth provide additional services and facilities including on trend coffee shops, bars and restaurants.
The property is situated on the west side of St Georges Road within a terraced parade of retail and residential properties between the junctions of Mast Lane and Longstone Avenue.
Description - The property comprises a two storey, mid-terrace building with a ground floor retail unit and first floor flat formerly occupied by One Stop Stores Ltd.
The property is of traditional construction, thought to have been originally built in approximately 1930 with additions added later.
Accomodation - GROUND FLOOR RETAIL
Main Sales. 127m2 (1367sqft)
Rear Storage and Kitchen. 42.6m2 (458.5sqft)
TOTAL GROUND FLOOR 169.6m2 (1825.6sqft)
FIRST FLOOR FLAT
Entrance lobby with stairs to first floor landing.
Lounge – 4.4m x 4.3m
Kitchen – 3.6m x 2.3m
Bedroom One – 4.5m x 31.m
Bedroom Two – 3.6m x 4.6m
Bedroom Three – 3.9m x 3.8m
EXTERNAL
Yard to the rear. Shared delivery lane to the rear.
Tenure - Freehold. Title number: TY575938
Rates & Council Tax - Enquiries via the Valuation Office Agency (VOA) website show a Rateable Value of £10,500.
Enquiries via the Direct.Gov website indicates that the flat is assessed under Council Tax Band B.
Services - We understand that all mains services are connected to the property. (All interested parties should satisfy themselves with the local service providers).
Energy Performance Certificate - We have not had sight of an Energy Performance Certificate (EPC) for the commercial property. We have had sight of an Energy Performance Certificate (EPC) for the residential flat and the Energy Efficiency Rating is noted as follows:
D (66)
Expiry date: 8 January 2032
Money Laundering - In accordance with the Anti-Money Laundering Regulations the applicants will be required to provide two forms of identification and proof of the source of income.
Vat - Unless otherwise stated, all figures expressed are deemed to be exclusive of VAT.
Brochures
St Georges Road, Cullercoats
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cullercoats Metro Station0.0 miles
- Whitley Bay Metro Station0.7 miles
- Monkseaton Metro Station1.0 miles
Notes
Disclaimer - Property reference 33451759. 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 R A JACKSON & SON LLP, North Shields. 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.
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