25 Ridley Place, Newcastle upon Tyne

Retail Unit / Offices For Sale

2,523 ft²

Guide price of £400,000

Key Features

Features
Prime retail unit for sale
Total size of 234.4m² (2,523ft²)
Accommodation over 5 floors
Suitable for a variety of uses
Prominent city centre location
EPC Rating E112
Transport
Bus stops located 0.1 mile away
0.1 miles from Haymarket Metro Station
0.4 miles from A167 (M)
3.9 miles from A1 (M)
0.8 miles from A1058

Property Description

LOCATION

The subject property is prominently located on Ridley Place in Newcastle upon Tyne city centre. Ridley Place joins with Northumberland Street to the west, which is the main retail thoroughfare in the city centre and provides access to into Eldon Square, and also John Dobson Street to the east which provides access to St Mary’s Place.

The property is 0.1 mile from Haymarket Bus and Metro Station and 0.3 miles from Monument Metro Station. The A167 (M) is 0.4 miles from the property. Surrounding occupiers include Zapatista, Subway, William Hill and Toni & Guy.

DESCRIPTION

The subject property comprises a single mid-terrace retail accommodation on the ground floor and basement. The ground floor provides street level access and benefits from a traditional shop frontage and a predominantly open plan sales area, complete with additional basement providing storage.

The upper floors provide office layouts on the 1st, 2nd and 3rd floors.

ACCOMMODATION

Basement:   49.9m2                               (537.1ft²)              
Ground Floor:   54.2m2                               (583.4ft²)
1st Floor: 52.1m2                                (560.8ft²)
2nd Floor: 52.8m2                                (568.3ft²)

3rd Floor:              25.4m2                     (273.4ft2)

Total:                 234.40m2                            (2,523ft²)

EPC Rating

E112

RATING ASSESSMENT

The rateable value is to be reassessed.

TERMS

The property is available for sale at £400,000 for the benefit of the freehold interest.

VAT

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.

LEGAL COSTS

Each party is to bear their own legal costs involved in the transaction.

VIEWING

For general enquiries and viewing arrangements please contact Nicholas Bramwell at Bradley Hall.

Tel:         0191 232 80808  

Email:     nicholas.bramwell@bradleyhall.co.uk


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