Milburn Road, Ashington, NE63

LOCATION
The subject property is located on Milburn Road in Ashington. Milburn Road is situated in a mixed use location, approximately 0.5 miles from Ashington town centre and is surrounded by housing estates as well as local and national retailers and amenities including Co-op Food, Sweet ‘n’ Savoury, Betty Bakes and Cakes, Seaton Park Medical Group and Ocean Treasure.

The property is accessible by public transport with bus routes servicing Milburn Road, providing direct access to Morpeth, Bedlington, Blyth and Newcastle upon Tyne city centre. The property is also accessible by road with the A196 just 0.4 miles away and the A189 is 1.5 miles away.

DESCRIPTION
The subject property comprises a mixed use, mid-terrace building which is arranged over ground, first and second floors. The ground floor provides retail accommodation with kitchen and WC facilities. The ground floor also benefits from UPVC double glazed windows with security roller shutters, suspended tiled ceiling, laminated floor covering and a mixture of strip fluorescent lighting and spot lights.

The upper floors comprise a two bedroom maisonette with living area, kitchen and bathroom on the first floor and two bedrooms on the second floor. The property is supplied with gas central heating.

ACCOMMODATION
Ground floor 70m² 753ft²
Upper floors 74m² 797ft²
Total 144m² 1,550ft²

EPC RATING
196 – C66 196a – E51

RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premise £4,850 £2,420.15

We are advised that the rateable value of the premises as at 1 April 2017 is £4,850 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.

TERMS
The freehold of the property is available with a guide price of £99,950 (Ninety Nine Thousand Nine Hundred and Fifty 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.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.

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.

VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.