Park Road, Wallsend, NE28
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High street retail property for sale
Description
popular Wallsend Forum Shopping Centre, the area is well-served by a mix of national and independent retailers, cafés, and essential local services.
The properties enjoy easy access to major transport links, with Wallsend Metro Station less than 5 minutes away on foot, providing direct connections to Newcastle city centre and surrounding areas. Park Road also connects conveniently to the A193 and A19, making the location ideal for both local and regional trade.
Description
The property is arranged over a ground floor and will benefit from a tenant fit out. Each have a flexible layout suitable for class E services. The property enjoys a returned frontage on High Street East and Park Road amplifying its visibility to local
footfall.
The current tenant is occupying the property under a 5-year lease which commenced on 26th March 2025, offering the purchaser a secure long-term income stream from a tenant with strong covenant strength and an attractive rental
level.
Accommodation
We calculate the approximate net internal floor area to be as follows:
Total 153m² 1,647ft²
Terms
The property is available with an asking price of £275,000 (Two
Hundred and Seventy Five Thousand pounds).
VAT
All rents, premiums and purchase prices quoted
herein are exclusive of VAT. All offers are to be made
to Bradley Hall upon this basis, and where silent,
offers will be deemed net of VAT.
Rating Assessment
The rateable value of the premises is waiting
reassessment.
EPC Rating
80 Park Road E(117)
82 Park Road D(87)
84 Park Road B(47)
Park Road, Wallsend, NE28
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wallsend Metro Station0.1 miles
- Hadrian Road Metro Station0.8 miles
- Walkergate Metro Station1.1 miles
Notes
Disclaimer - Property reference NUT250098. 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 Bradley Hall, Newcastle Upon Tyne. 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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