Location
The property is located within the main shopping centre of Ponteland. This is an affluent village to the North East of Newcastle with an excellent infrastructure and good quality residential housing.
Nearby occupiers to the subject property include One Stop and the Post Office. There is extensive free disc parking nearby and other occupiers in the village include Waitrose, Sainsburys plus numerous independent bars and restaurants.
Description
Comprises a two storey property of part rendered brick construction with a flat roof over. The property forms part of a busy shopping parade and traded as a butcher for many years. it would be suitable for a variety of uses, subject to any required planning permission.
The separate flat has ground floor street access and is in good order with gas central heating and double glazing is installed.
Accommodation
Measurements taken from the VOA (Valuation Office Agency) website;
Ground Floor
Retail Area 520 sq.ft. (48.5 sq.m.)
Office 183 sq.ft. (17 sq.m.)
Rear Store 242 sq.ft. (22.5 sq.m.)
W.C.
First Floor Flat
Lounge
Kitchen
Bedroom 1
Bedroom 2
Bathroom
External
Garage within a block to the rear.
Occupational Leases
The flat is let at £400 per calendar month.
Business Rates
The premises are assessed as follows:
Rateable Value £13,500
Rates incentives available subject to status.
Freehold
We are verbally informed that the title is freehold. Interested parties should make their own enquiries.
Leasehold Option
The retail unit is available on a new FRI lease at £20,000 per annum. Full terms to be agreed and the ingoing tenant will be responsible for the landlord’s reasonable legal costs in the lease preparation.
EPC
Shop Rating C.
Flat Rating E
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 source of income.
