Annual rental of £7,500
The property is located on the corner of Broadway Circle and Princess Louise Road in Blyth. Broadway Circle forms part of a prominent main road which provides access towards the coast and Blyth town centre.
The property is situated within a predominantly residential location, approximately one mile away from Blyth town centre and Blyth Hospital and approximately 1.2 miles from Blyth beach.
Surrounding the property are a number of bus routes and convenient parking for customers. The property is 2.2 miles from the A19 which provides easy access to the north and south.
The subject property comprises a semi detached retail premises which was formerly occupied as a barbers and benefits from A1 use.
The property is well presented externally with roller shutter security and access.
The property also benefits from a rear garage storage area which is accessible from the side of the property.
||Estimated Rates Payable
|Shop and premises
We are advised that the rateable value of the premises as at 1 April 2017 is £4,200 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
The property is available by way of a new lease with terms to be agreed at a rent of £7,500 (Seven Thousand Five Hundred Pounds) per annum.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
For general enquiries and viewing arrangements please contact Anthony Wallet or Nicholas Bramwell at Bradley Hall.
Tel: 0191 232 8080