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£95,000
RETAIL FOR SALE
LOCATION
Princes Road is located within Gosforth which is a popular residential area just outside
of Newcastle City Centre. The area has strong transport links being located close to
Regent Centre Metro Station and various bus routes. Its close proximity to the A1 also
makes the property easily accessible from outside of the local area.
The property is within a row of retail units with nearby occupiers including a premier
shop, a post office and an estate agents.
DESCRIPTION
The property consists of a retail shop which benefits from a large frontage and single
door. The unit is currently let to a butchers on a lease that expires in February 2027.
Tenant Rent
Butchers £8,000
ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Total 27.9m² 300 ft²
EPC RATING
TBC
RATING ASSESSMENT
The rateable value of the premises is £5,000 which equates to a rates bill of £2,495
per annum.
TERMS
Guide price of £95,000 (Ninety-Five Thousand Pounds).
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.
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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