A mid terrace retail property on ground floor only.
( Agency Pilot Software Ref: 34015 )
Location
Whitley Bay is a popular seaside commuter town, with a district population of 36,500 persons (Focus 2001), and a wider catchment of 200,000 persons. The town is situated approximately 10 miles east of Newcastle City Centre and is well linked via the Tyne Wear Metro and The Coast Road (A1058). Situated on Park Road close to the junction with Marine Place which leads to the sea front. There is a Kwik Fit, CoOp Supermarket and Playhouse opposite.
Accommodation
The property has the following approximate floor areas:-
Ground floor sales 86.94 Sq. m (613 Sq. ft )
Ground floor rear 4.49 Sq. m (48 Sq. ft )
Terms
Tenure The premises are held on a lease expiring 4 July 2023 at a passing rent of £11,000 per annum exclusive. There is a tenant break operable 5 July 2021 upon 6 months prior notice.
Terms Offers invited.
Rates Zero payable until 1 April 2021 due to the Government Covid-19 tax break. Prior to that the VOA website shows a Rateable Value of £7,200 and for rates payable from 1st April 2021 please refer to the Local Charging Authority, North Tyneside Council - 0345 2000 101.
Specification
- Popular coastal town.
- Ground floor lock up shop.