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Retail Unit with Flat

Blyth £149,950 Freehold REF: NE657

Location

The property is located at the junction of Croft Road with Bon-dicar Terrace in a mixed residential and commercial area close to Blyth Town Centre. Blyth is currently experiencing some good levels of investment and some of the larger town centre properties are currently being redeveloped.

Description

The property comprises a two storey end of terrace property of traditional brick construction. To the ground floor there is a self contained lock up retail unit currently laid out as a hair salon but the unit is suitable for a variety of uses particularly benefitting from A3 Café Consent. The upper floor consists of a large self contained one bedroom flat.  

Services

The property is in excellent order benefitting from double glazing throughout and there is gas central heating installed within the flat. The shop unit has a CCTV system.

Planning

We understand the premises have planning permission for use as A3 (Restaurants and Café) under the Town & Country Planning (Use Classes) order 1987.

Business Rates

Following enquiries with the Local Rating Authority we are advised that the property is entered into the Valuation List as follows:

Description: Shops and Premises

Shop - Rateable Value: £3,450

Flat - Council Tax Band: A

Tenure

The Asking Price is £149,950 for the Freehold interest.  Alternatively the retail unit is available to let separately for £100/week (£5,200 p.a.) lease terms to be agreed.

 

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