Property description

SITUATION
The prominent two storey retail premises are situated close to the intersection of Bridge Street, Waterloo Road and Havelock Street in the bustling market town of Blyth. The premises are adjacent to a pedestrian crossing linking pedestrians into the market place and Keel Row Shopping Centre which lies directly opposite the subject premises.
Surrounding occupiers include Boots the Chemist, Grainger Games, Halifax and Morrison’s.

DESCRIPTION
The subject property is a two storey mid terrace retail premises, centrally located within Blyth town centre on Bridge Street in Northumberland. The property comprises; traditional shop window frontage, ground floor and first floor stores/offices and benefits from electric roller shutters.
A change of use application to Class A5 has been applied for. Further information available on request. 

ACCOMMODATION
The property comprises:

Ground floor sales  45.8m² (493.0ft²)
First floor offices/stores  28.0m² (301.4ft²)
NIA    73.8m² (794.4ft²)

TERMS
The property is available for sale at an asking price of £85,000 (Eighty Five Thousand Pounds). Alternatively, our client may let the property at a rental of £7,000 per annum, by way of a new lease for a term of years to be negotiated.

RATING ASSESSMENT
Description  RV     Estimated Rates Payable
Shop & Premises £11,250       £5,298.75

We are advised that the rateable value of the premises as at 1 April 2010 is £11,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.

As a new occupier rights of appeal may exist against this assessment.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction. 

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.

VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.

Property Features :

• Prominent retail unit for sale
• May consider letting
• Size 73.8m² (794.4ft²)
• Situated opposite Keel Row Shopping Centre
• Roller shutters to shop front