The property forms part of a terrace comprising a mixture of residential and retail properties in what is a predominantly residential area. Opposite the subject property there has been some recent new construction nearby that includes a bus depot, Lidl supermarket and a terrace of new housing.
Shields Road is a busy route that links Byker, Walkergate and Wallsend and there is ample on street parking directly outside the terrace.
The property is laid out to provide a retail area plus a kitchen and stores to the ground floor with separate street access to the living space above.
Previously trading as a newsagency, the unit is suitable for a variety of retail uses or possibly conversion into another flat.
Comprises a mid-terraced three storey property of traditional brick construction with a slate roof over. Accommodation;
Retail Shop circa 32.3 sq.m. (350 sq.ft.).
Kitchen circa 13.7 sq.m. (147 sq.ft.).
Store circa 14.5 sq.m. (155 sq.ft.).
Flat with separate street and rear access.
Lounge circa 18.2 sq.m. (196 sq.ft.).
Kitchen circa 11.2 sq.m. (120 sq.ft.).
Bathroom circa 7 sq.m. (75 sq.ft.).
Bedroom 1 circa 16.8 sq.m. (181 sq.ft.).
Bedroom 2 circa 11.4 sq.m. (123 sq.ft.).
Bedroom 3 circa 6.2 sq.m. (68 sq.ft.).
Rear Yard with parking for 2 cars.
The premises are assessed as follows:
Rateable Value £3,350
Rates free incentives subject to status
Council Tax Band A
Gas central heating is installed to the flat.
We are verbally informed that the premises are available Freehold. Interested parties are advised to seek legal confirmation of this.
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.