Unit 3 Park View Shopping Centre, Whitley Bay, North Tyneside

Location & Description:
Whitley Bay is a picturesque coastal town on the north east coast of England, in Tyne and Wear. The town is also a major suburb and popular commuter destination to Newcastle.

Whitley Bay benefits from excellent transport communications, situated adjacent to the A19 and A1058, connecting Whitley Bay with Newcastle Upon Tyne (10 miles). The town is also located in close proximity to the M1, providing access to Durham, Middlesbrough and Darlington, there is also a number of regular bus routes linking the town to the wider region.

The Centre was developed and opened in 2004 and is predominantly arranged over the ground floor. A dedicated lift and stairwell to the car park, toilets and centre management facilities is accessed directly from the mall.

Key anchor tenants include Sainsbury’s, Iceland, Peacocks, Superdrug, Home Bargains and Boots.

The Centre has full vehicular access to all units via two service yards, both of which are accessed from Park Avenue.

Demise:
Ground Floor 1,065 sq ft (98.9 sq m)

Rent:
£25,000 per annum exclusive.

Lease:
A new lease for a term of years to be agreed.

Service Charge:
On-account service charge for the current period stands at approximately £9,656 pax.

EPC:
Available upon request.

Legal and Professional Fees:
Each party to bear their own costs.

Rating Assessment:
Rateable Value (April 2026) - £23,500

MONEY LAUNDERING REGULATIONS In accordance with the Anti Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.