The property is located on Welbeck Road, close to its junction with St Peter’s Road and Headlam Street. The immediate area is a mixture of residential, commercial and community accommodation and Byker is located approximately 2 miles due East of the City Centre.
Byker has good public transport links with ample bus routes and a Metro Station. This suburb of the City is becoming more popular with students and young people and the Ouseburn area is particularly sought after.
The property comprises an extensive former garage of brick construction over 3 floors. The garage could be suitable for a number of uses but our client has had planning passed for conversion of the site into 8 flats.
Full details of the application can be found on the Newcastle City Council planning portal under the reference number 2018/0518/01/DET.
Workshop circa 3,120 sq.ft. (290 sq.m.)
Office circa 237 sq.ft. (22 sq.m.)
Office circa 86 sq.ft. (8 sq.m.)
Offices circa 605 sq.ft. (56 sq.m.)
Stores circa 3,430 sq.ft. (319 sq.m.)
Electricity, Water are installed.
The premises are assessed as follows:
Ground Floor Rateable Value £11,750 (2017 list)
First Floor Rateable Value £5,500 (2017 list)
Rates free incentives are available subject to status.
We are verbally informed that the premises are available on a Freehold basis. Interested parties should seek legal confirmation of this.
Rating - TBC.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.