Location
The premises are located on one of the main roads leading into Whitley Bay town centre from the north. Located approximately 8 miles due east of Newcastle City centre, Whitley Bay is a popular and sought-after residential town on the Coast with a growing population.
The town has excellent transport links and the A1058 and A19 Trunk Roads make the town easy to access from throughout the region. There is also an efficient Metro system which links the town to Newcastle City centre and the Airport.
The shop fronts onto a main road, close to a very busy junction, and there is on-street parking in and around the immediate vicinity.
Description
The property comprises a double fronted ground floor mid-terraced unit which forms part of a larger
two storey building.
The ground floor is effectively one large open retail space with a kitchen and toilets to the rear.
Accommodation
Ground Floor
Retail Unit circa 1,200 sq.ft. (110 sq.m.).
Kitchen circa 110 sq.ft. (10 sq.m.).
Staff Toilet
Disabled / Ladies Toilet
Gents Toilet
Services
Water and electricity is installed to the premises.
EPC
Rating C.
Business Rates
Rateable Value £18,000
Tenure
A new FRI lease is available with terms to be agreed. The commencing rent will be £15,000 per annum plus VAT and a 3 month rent bond will be required. Each party will be responsible for their own legal costs in this transaction.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations, the Purchaser will be required to provide two forms of identification and proof of the income source.
Viewing
By appointment with this office or through the joint agent Cooke & Co on 0191 251 0011.