Location
This property forms part of a small suburban shopping area at the entrance to a pleasant residential estate on the outskirts of Cleadon Village.
This is an affluent area, popular with a broad range of residents and there is good access to the rest of the region via road and public transport. There is the significant benefit of a Metro Station at nearby East Boldon and this links with both Newcastle and Sunderland.
Description:
This is a ground floor lock up retail unit which has traded as a newsagent business for a number of decades. The current owners are now looking to retire and the shop could be suitable for a range of other retail or service uses, subject to any required consents.
This is a rare opportunity to acquire a property within this locality and therefore an early viewing would be recommended.
Premises:
Comprising a ground floor lock up unit.
Ground Floor
Sales Area circa 350 sq.ft. (33 sq.m)
Office / Store circa 160 sq.ft. (15 sq.m.)
W.C.
EPC:
Rating – C
Freehold
The property is available at an asking price of OFFERS OVER £100,000.
Rates:
The premises are assessed as follows:
Rateable Value £2,400
Rates free incentives subject to individual status.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Viewing
Strictly be appointment with this office.