Guide price of £75,000
The subject property is located on Whorral Bank, less than 1 mile from Morpeth town centre. Whorrall Bank forms part of the A197 which is a main road into Morpeth town centre which links with the A189 to the east and A1(M) to the south west. The property is prominently situated close to the roundabout where the A197 meets Morpeth Northern Bypass which also links with the A1(M), less than 3 miles to the west. The property is also 1 mile from Pegswood Village.
The property benefits from having a bus stop located outside and is 1.3 miles from Morpeth train station which is on the main route between Edinburgh and London via Newcastle upon Tyne city centre.
The property is situated in a semi-rural location with a few business located nearby including Robson & Prescott Veterinary Hospital and Wansbeck Luxury Boarding Kennels.
The subject property comprises a detached workshop premises which is of brick construction with a corrugated steel roof.
The property is currently occupied by a vehicle repair company and internally offers a workshop area with two ramps with additional office and storage facilities. There is CCTV facilities, 3 phase electricity, and fluorescent strip lighting.
The property benefits from a yard area externally and gated access. The property will be sold with full vacant possession.
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Vehicle Repair Workshop and Premises
We are advised that the rateable value of the premises as at 1 April 2017 is £2,450 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
The freehold of the property is available with a guide price of £75,000 (Seventy-Five 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.
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 Jamie Wales at Bradley Hall.
Tel: 0191 232 8080