Clifton Road, Cramlington
- SIZE
994 sq ft
92 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Part investment opportunity
- Two storey property
- Within an established parade
- Prominent position
- Ground floor let
- First floor vacant
Description
Location - The property is set within Cramlington which is a new town located in south east Northumberland approximately 7 miles north of Newcastle upon Tyne. The location is provided with a reasonable level of local services and facilities serving the local population and surrounding communities. An established transport infrastructure connects Cramlington with other locations in Northumberland and the wider north east region using the A189 Spine Road and A19 motorway.
Situation - The property is situated on the north side of Clifton Road on the eastern edge of Cramlington New Town. It is contained within a parade of similar retail properties that serve the surrounding local authority and private housing. It is approximately 1.1miles east of Cramlington town centre. Other retailers in this parade include Chisholm Bookmakers, hair & beauty businesses and hot food takeaways.
Accomodation - Ground Floor. 49.6sqm (533.90sqft)
First Floor. 42.3sqm (459.55sqft)
Lease Information - The ground floor retail accommodation is currently let to a tanning business at a rent of £7,200pa. The effective lease is for 3 years from October 2023.
The first floor accommodation is vacant.
Tenure - The property is subject to a long leasehold with 143 years remaining.
Ground Rent & Service Charge - Charged in half year periods at £1888.92.
Ground Rent Half Year period ending 30/06/2025 is £1419.55
Service Charge Half Year period ending 30/12/2025 is £469.37
Energy Performance Certificate - The EPC rating for the property is * (*). A full copy of the report is available upon request.
Money Laundering Regulations - In accordance with the Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.
Legal Costs - Each party will be responsible for their costs in the transaction/or pay landlord costs.
Vat - The property is not subject to VAT.
Brochures
Clifton Road, CramlingtonBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Clifton Road, Cramlington
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Visit our security centre to find out moreDisclaimer - Property reference 34317653. 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 R A JACKSON & SON LLP, North Shields. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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