186 High Street East, Wallsend

Ground Floor Retail Unit. Floor area 72 sq. m. (778 sq. ft.). Recently refurbished to a high standard. Prime High Street East, central Wallsend location. Suitable for various uses, subject to consent. Previously occupied by a hair salon. Offered with vacant possession.

Price £99,950 (Long Leasehold 999 years)
Ref I314a


Location
The property is located on High Street East, Wallsend. It is situated in the central business district of the town and is surrounded by retailers and professional service companies including banks, building societies and estate agents. Wallsend is a densely populated area on the north side of River Tyne and is approximately 4 miles east of Newcastle City Centre which is easily accessed via the A1058 Coast Road which also links Wallsend to Tynemouth at the coast approximately 5 miles east. Also within easy reach is the Tyne Tunnel and the A19 leading to the A1(M).

Description
The premises are situated on the ground floor of a two-storey mid-terrace property with a pitched slate roof.
The accommodation extends to approximately 72 sq. m. (778 sq. ft.) and comprises an open-plan retail area, treatment room, kitchen, and W.C. facilities. The unit has been recently refurbished to a high standard and is presented in excellent condition.
Currently operating as a hair salon, the property will be offered with vacant possession. It is considered suitable for a wide range of potential uses, subject to the necessary planning consents.

Floor Area
72 sq. m. (778 sq. ft.)

Viewing
Strictly by appointment through this office.

Price
£99,950

Tenure 
Long leasehold - Upon sale of the property, the landlord will grant a new 999 year lease. 

Rateable Value
The 2025 Rating List entry is Rateable Value £4,300
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.