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Retail Unit & Flat

Walkergate £125,000 Freehold REF: NE1602

Location

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.

Business

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.

Property:

Comprises a mid-terraced three storey property of traditional brick construction with a slate roof over.  Accommodation;

Ground Floor

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.).

W.C.

Flat with separate street and rear access.

First Floor

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.).

Second Floor

Bedroom 2     circa 11.4 sq.m. (123 sq.ft.).

Bedroom 3     circa 6.2 sq.m. (68 sq.ft.).

External

Rear Yard with parking for 2 cars.

Rates

The premises are assessed as follows:

Rateable Value           £3,350

Rates free incentives subject to status

Council Tax Band A

Services

Gas central heating is installed to the flat.

Tenure

We are verbally informed that the premises are available Freehold.  Interested parties are advised to seek legal confirmation of this.

EPC

Rating D

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.

 

 

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