Parsons Drive, Ryton, Tyne and Wear, NE40

LOCATION

Ryton is a semi-rural suburb in Tyne and Wear, just south of the River Tyne, roughly 6 miles west of Newcastle upon Tyne. The area is well connected to the surrounds via the A695, and the B6317. The A1 is also nearby, and Newcastle International Airport is approximately 8 miles to the north. The property is located on Parsons Drive, just off the B6317, the main road through Ryton, close to Co-Op Food. Nearby traders include Boots Pharmacy, Betfred, Coffee Johnnys and Sainsburys Local.

DESCRIPTION

The property comprises a brick built single storey, semi-detached ground floor shop with a pitched and tiled roof. The property was formerly in use as a restaurant. There is a main seating/ service area with bar/counter, as well as kitchen, WC's and ancillary storage space. Internally, the property is in a state of disrepair and will require some repair as part of a shop fit, including renewal of services. There is a good provision of nearby parking.

ACCOMMODATION

The property provides a net internal floor area of 187.97 sq m (2,023 sq ft).

USE

The property has previously been used as a restaurant. It is envisaged that it may also be suitable for other commercial uses. Interested parties should ensure that all necessary consents, including planning consent, are obtained (if necessary) for their proposed use.

SERVICES

We understand that all mains services are available at the property. However interested parties should satisfy themselves as to the suitability of these services.

TENURE

The property is available for sale on a freehold basis.

PRICE

Offers in the region of £200,000 are invited for the freehold interest. We are waiting to hear from our client on whether the property is registered for VAT and therefore whether VAT is payable on the sale price.

BUSINESS RATES

We understand the property is entered into the 2023 Rating List as follows:

Description:

Restaurant & Premises

Rateable Value:

£21,000 Interested parties should make their own enquiries direct with the Local Authority to establish the actual rates payable.

VIEWING

Strictly by appointment by sole agents youngsRPS. Contact Chris Pattison on Tel:

LEGAL COSTS

Each party is to bear their own legal costs.

LOCAL AUTHORITY

Gateshead MBC, Civic Centre, Regent Terrace, Gateshead, NE8 1HH (Tel: ). All figures quoted above are exclusive of VAT where chargeable. ENERGY PERFORMANCE CERTIFICATE The property has an EPC rating of C-56 A copy of the Energy Performance Certificate and Recommendation Report is available on request.