Coast Road, Newcastle Upon Tyne

LOCATION

The subject property is located on Coast Road, adjacent to the popular Chillingham Road. The property is part of a row of retail units including a health clinic, an estate agents and various other food and beverage outlets.

The property benefits from good transport links being close to bus and metro stations as well as being directly off the A1058 which gives quick access to Newcastle City Centre as well as
the coastal locations. The large resident population of Heaton also helps bolster the
customer base.

DESCRIPTION

The subject property is a mid-terrace arranged over the ground floor. The unit has a large glass frontage with a single door as well as a door at the rear which opens out onto Hilden Gardens.

The front door opens onto the traditional shop front room which is the largest space within
the property. The property also benefits from a bathroom and a small kitchen area as well as
additional rooms to the rear of the unit including a garage.

ACCOMMODATION

We calculate the approximate net internal floor area to be as follows:
Ground Floor 92m² 990ft²

EPC RATING
D76

RATING ASSESSMENT
The rateable value of the premises as of 1st April 2023 is £6,200 and the estimated rates payable for the current year is £3,093.80. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

TERMS

The property is available by way of a new lease with terms to be agreed at £15,000 (Fifteen Thousand Pounds) per annum.

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 transactio