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SOLD STC

Parsons Drive, Ryton, Tyne and Wear, NE40 3RA

£450,000

£190.92 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Auction- National Auctioneer
SIZE AVAILABLE

2,357 sq ft

219 sq m

SECTOR

Restaurant for sale

Key features

  • Single storey modern building
  • NIA approx. 220sqm (2,368sqft)
  • Fully tenanted investment
  • Current annual income of £29,000
  • Great location near Co-Op
  • Freehold title

Description

The subject property is a single storey premises of modern construction, located in a prominent position on Parsons Drive in Ryton, Gateshead, Tyne and Wear. The property is built with a tile covered pitched roof and brick main walls. For sale as a tenanted investment, the property is currently occupied by an opticians and American diner, generating a current annual income of £29,000.

Net internal area is approximately 220sqm (2,368sqft).

Location

The subject property is well located on Parsons Drive, Ryton, Tyne and Wear. Ryton is a popular and well established built up area with a village type centre, located around 7.5 miles west of Newcastle city centre. The property is highly visible from the main road (B6317) into Ryton from Blaydon and the A1. It also stands at the junction into the main car park used by the Co-op supermarket, Ryton Social Club and Wade's Optician's, who are next door to the subject.

Accommodation

GROUND FLOOR
Main former restaurant area: 150sqm
Public toilets: 19sqm
Kitchen area: 35sqm
Former cellar: 4sqm
Storage room: 7sqm
Office: 4sqm
Staff W.C.

NIA 219sqm (2,357sqft).

EXTERNAL
Decked area to the side.

Lease Details

The property is currently occupied by Wade Opticians and Pop's Diner. We are advised that this is currently generating a combined annual income of £29,000.

Tenure

Freehold title. Title number TY329692.

Rateable Value

The adopted rateable value is £20,000 as effective from 1st April 2017.
Sourced from VOA.

EPC

Available upon request (rating C).

VAT

We are advised that VAT is payable on this transaction.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, 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.

Energy Performance Certificates

EPC

Brochures

Parsons Drive, Ryton, Tyne and Wear, NE40 3RA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blaydon Station1.9 miles
  • Wylam Station2.2 miles
  • MetroCentre Station3.9 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 348078. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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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