Commercial Property For Sale
Investments
Tenanted Takeaway & Separate Vacant House
Winlaton
£200,000 (Freehold)
REF: NE2243
Location
The premises are located on the edge of the main shopping area serving this predominantly residential village. Winlaton lies south west of Blaydon upon Tyne but within approximately 5 miles of both Newcastle and Gateshead. The village has good road links towards the A1(M) Western Bypass and a number of housing schemes have been constructed in the village over the last decade.
Description
The property comprises a double fronted two storey mid-terraced unit which forms part of a larger terrace. The retail unit is self-contained and occupies the ground floor and the house has a separate entrance and is configured with a ground floor lounge, kitchen and shower room with bedrooms and a family bathroom on the first floor. Access is from the street and there is a small rear garden space.
Property
24a Front Street
Ground Floor
Front Shop circa 27 sq.m. (290 sq.ft.)
Prep Area circa 20 sq.m. (220 sq.ft.)
W.C.
Cellar
Store circa 15 sq.m. (165 sq.ft.)
24 Front Street
Ground Floor
Lounge 4.4m x 4.5m
Kitchen 3.0m x 3.1m
Shower Room with W.C.
First Floor
Bedroom 1 3.4m x 4.6m
Bedroom 2 2.9m x 3.4m
Bedroom 3 3.4m x 3.7m
Bedroom 4 1.7m x 4.3m
Bedroom 5 3.5m x 2.6m
Family Bathroom
External
Garden Area
EPC
24a Newlands Road Retail Unit - Rating C.
24 Newlands Road Flat - Rating D
Services
Water, gas and electricity is installed to the shop. There is also gas central heating and double glazing in the flat.
Rates
Business Rateable Value £4,000 (April 2026).
Rates free incentives subject to status.
House is Council Tax Band A.
Occupational Leases
24a Front Street;
The shop is occupied on a 20 year lease from 2023. We have been verbally informed that the current rent is £6,900 per annum. There are rent reviews every 3rd anniversary and a break clause at the 7th anniversary.
24 Front Street
The house is currently vacant but previously generated a rental income of circa £850 pcm
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.
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