Guide price of £500,000
To be sold by auction on Thursday 18th July 2019.
The subject property is located on Market Street in Blyth town centre. Market Street is a popular town in Blyth and the unit benefits from frontage onto Blyth Market Square.
The property is situated within a popular business location with surrounding occupiers including Argos, TUI, Greggs and Santander.
The property is 1 mile from A193 which provides access to A189 (2.4 miles to the west) and Tynemouth to the south. The A193 also provides access to Newcastle upon Tyne city centre.
The subject property comprises a large predominantly open plan retail unit providing a large glass frontage onto the pedestrianised Market Square. The first floor provides further retail accommodation and storage facilities, while there is roller shutter access to the rear 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 £68,500 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 subject property is available for sale with a guide price of £500,000 (Five Hundred Thousand Pounds).
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.
For general enquiries and viewing arrangements please contact Jamie Wales at Bradley Hall.
Tel: 0191 232 80808