LOCATION
The subject property is located on Welbeck Road in Byker, Newcastle upon Tyne. The property is situated within a popular residential location and benefits from having amenities and retailers nearby including Welbeck Convenience Stores, St Anthony of Padua Community Centre, Jack Smiths Fish and Chips and Walker Pharmacy.
Byker is a suburb of Newcastle upon Tyne, situated less than 3 miles east of the city centre and approximately 2 miles from Ouseburn and Newcastle Quayside. Shields Road, which is the main shopping and leisure destination in Byker, is just 1.5 miles away and Wallsend High Street is 1 mile away.
The property benefits from good road and public transport links with Walkergate Metro approximately 1 mile away and bus stops located outside of the property. Road links include the A193 and A187 between the North Tyneside Coast and Newcastle city centre which are both less than 1 mile away and the A186 which also provides access into Newcastle city centre, via Ouseburn, is just 0.1 mile away.
DESCRIPTION
The subject property comprises a mid-terrace building which is arranged over ground and first floor the current tenant uses the property as a beauty salon. The ground floor provides an open plan room to the front with suspended ceiling, recess lighting and laminate flooring and there is also a kitchen, which provides access to the rear of the property, where there is a yard.
The first floor comprises three rooms which have carpet tiles, strip fluorescent lighting, double glazed windows and gas central heating, with one room having a built-in storage cupboard. There is also WC facilities on the first floor.
ACCOMMODATION
We calculate the approximate internal floor areas to be as follows:
Ground floor 35.6m² 383ft²
First floor 27.3m² 294ft²
Total 62.9m² 677ft²
EPC RATING
E105
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £4,700 and the estimated rates payable for the current year is £2,345.30. This is based on the uniform business rates multiplier of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
TERMS
The freehold of the property is available with a guide price of £85,000 (Eighty 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.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
