Key features
- Freehold investment for sale
- High traffic location
- Total size of 90m² (969ft²)
- Associated car parking
- Awaiting EPC Rating
- Ground floor let to a beauty operator
- Car parking Situated on West Road
- 1 mile from A1
- 1 mile from A168
- 50 yards from West Road bus stop
Description
LOCATION
The property is located on West Road in Fenham. Fenham is a suburb situated in the western part of Newcastle upon Tyne. It's approximately two miles from the city centre, and 6 miles from Gateshead. Due to the property’s location on the A186 it has great links to the A1 going both north bound and south bound.
Due to the properties strategic pitch along West Road, it ensures high visibility and accessibility, attracting a steady stream of foot traffic and enhancing its commercial viability. Nearby amenities, including shops, restaurants, and public transportation hubs, which further contribute to its appeal, and making it a great location for businesses.
DESCRIPTION
The property is arranged over a ground floor and a first floor. The ground floor is currently let to a sole beauty operator, details of their lease is available on request. The first floor is the former West Acres Club, it has approximately 40 covers with a bar area, office space, and a W/C facility.
ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Ground Floor 47m² 506ft²
First Floor 43m² 463ft²
Total 90m² 969ft²
EPC RATING
Awaiting EPC rating
RATING ASSESSMENT
The rateable value of the premises can be found on the Valuation Office Agency website. The first floor has been assessed and the ground floor is awaiting assessment.
TERMS
The property has a guide price of £140,000 (One Hundred and Forty 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.
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