Walton Avenue, North Shields

•Retail unit within a popular parade of shops
•Good local and passing trade
•Suitable for a variety of uses
•Floor area 52 sqm (560 sqft)
•New lease available
•Rent £600 pcm
•Florist business relocating
Location
The property is located on the corner of Walton Avenue and Queen Alexandra Road on a busy through route from Tynemouth to North Shields, in North Tyneside. It is situated in a densely populated residential area, on an established local retail parade with a mix of independent and specialist outlets and a Co-op and Premier store nearby.
Description
Comprising a ground floor self-contained retail unit, within a 3 storey terrace building consisting of a residential flat above. The property benefits from an attractive shop front, with shuttering. The interior provides an open plan retail area and small stock area at the rear that could be incorporated into the main area if desired, with a small kitchen area. Externally there is a w/c in a private rear yard. As the premises was used as a florist it would suit a variety of uses, subject to the current use classification.
Accommodation
The property comprises a ground floor NIA area of 52 sqm (560 sqft), rear yard and w/c.
Tenure
Leasehold - a new lease is available, terms and conditions to be agreed, subject to contract. A damage deposit may be required.
Rent
£7,200 pa (£600 pcm)
Business Rates
The current Rateable Value (1 April 2023) is £4,750. Small Business Rates Relief may be available where no Business Rates would be payable and should be verified with North Tyneside Council.
Energy Performance Certificate (EPC)
EPC Rating of C (59).
Legal Costs
Ingoing tenant to pay a contribution towards the drafting of the lease.
VAT
Unless otherwise stated all figures quotes are deemed to be exclusive of VAT.
Viewing
Strictly by appointment only through the agent.