Croft Road, Blyth

LOCATION
The subject property is located on Croft Road in Blyth, a coastal town in South East Northumberland. The property is situated less than 80ft from Bridge Street which is the main Road through Blyth town centre. Bridge Street links on to B1328 and the A193, providing direct access to the A189 and the North Tyneside Coast.

The property benefits from being just 0.1 mile from Market Square and 50 yards from Keel Row Shopping Centre. The property is accessible by public transport with bus routes servicing Bridge Street and Blyth bus station is just 50 yards away.

DESCRIPTION
The subject property is a mid-terrace arranged over ground and first floor. The ground floor area provides a traditional shop front for the purposes of retail space, whilst the first floor could be used as an office or for storage purposes.

ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Ground Floor 40.78m² 439ft²
First Floor 32.14m² 346ft²
Total 72.92m² 785ft²

EPC RATING
E101

RATING ASSESSMENT
The rateable value of the premises as of 1st April 2023 is £4,150 and the estimated rates payable for the current year is £2,070.85. 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 £7,000 (Seven Thousand Pounds) per annum. Offers are invited for the purchase.

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.