Retail Property (high street) for sale

Condercum Road, Benwell, Newcastle upon Tyne, Tyne & Wear, NE4 9JH

Offers Over £195,000
1,057 sq. ft.

Property Description

Commercial information

  • 1,057 sq ft (98 sq m)
  • Use class orders: A1 Shops

Key features

  • Investment Opportunity
  • Retail and Residential Properties
  • Prominent Corner Position

Full description

The subject property is a significant two storey corner and end-of-terrace building, of traditional construction with a slate covered pitch roof and brick main walls. The property is offered as an investment with three ground floor retail premises and two first floor flats. The combined gross rent in 2,000 per calendar month. Interested parties should ensure that they confirm this information prior to legal exchange.


Location 
The subject property is located in a prominent corner position on the junction of Adelaide Terrace and Condercum Road. The area is very well established with a wide variety of services, facilities, retail and leisure outlets. The area is densely populated, has established transport links and is around four miles west of Newcastle city centre.

Accommodation 
2 Condercum Road: retail shop, hairdressers, 26.4m2. 4a Condercum Road: retail shop, general dealers, 38m2. 6a Condercum Road: retail shop, clothing distribution, 33.8m2. 4 Condercum Road: first floor flat, one bedroom. 6 Condercum Road: first floor flat, one bedroom maisonette.

Income 
2 Condercum Road: 450 pounds PCM. 4a Condercum Road: 450 pounds PCM. 6a Condercum Road: 350 pounds PCM. 4 Condercum Road: 400 pounds PCM. 6 Condercum Road: 350 pounds PCM. Total gross rental income: 2,000 PCM.

Rateable Value 
The adopted rateable values being effective from 01 APRIL 2010: 2 Condercum Road: 1,900 pounds 4a Condercum Road: 2,900 pounds 6a Condercum Road: 2,350 pounds Source: www.voa.co.uk.

EPC 
We currently await copies of the EPCs.

VAT 
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

Additional Information 
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on: commercial@pattinson.co.uk. With regards to viewing the subject property / site / business, this is to be done strictly by appointment through Keith Pattinson Commercial Department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • MetroCentre (0.9 mi)
  • Dunston (1.7 mi)
  • Newcastle Central (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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

  • MetroCentre (0.9 mi)
  • Dunston (1.7 mi)
  • Newcastle Central (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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 199019. 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 Pattinson Estate Agents, 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.

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