Property description
SITUATION
The premises are located on Two Ball Lonnen, Fenham, offering a good main road frontage to passing traffic and footfall. Local services and amenities are located nearby including Post Office, swimming pool, library and schools. The area is well served by a number of bus services to Newcastle city centre, located approximately 3 miles from the subject property. Surrounding occupiers include Coral, William Hill, Subway, Greggs, Nisa Local and One Stop.
DESCRIPTION
The subject premises comprise a ground floor self contained and open plan retail / showroom accommodation. The property was previously used as a carpet showroom and would lend itself to a variety of uses subject to planning permission. The accommodation has been subdivided and provides a bare shell facility. The frontage is glazed to full height with both pedestrian and loading access to the rear. Designated car parking is available to the rear by discussion.
ACCOMMODATION
The accommodation comprises as below:
Ground floor
277.84m²
(2,990ft²)
(The accommodation could be subdivided to offer two units of 1,495 sq ft each)
SERVICES
It is understood that the property benefits from all main services, with the exception of mains gas. We recommend that all interested parties contact the local service providers to ensure that all services are operational.
TERM
The property is available by way of a new FRI lease at a rental of £30,000 (Thirty Thousand Pounds) per annum for a term of years to be agreed. Incentives may be available subject to covenant and lease term.
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.
RATING ASSESSMENT
We are verbally advised by the local Rating Authority that the property is assessed as follows:
Description
RV
Estimated Rates Payable
Showroom
£12,000
£5,652
and Premises
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall Chartered Surveyors and speak to Richard Rafique
Tel: 0191 232 8080
or joint agent:
James Pain of Frew Pain & Partners
Tel: 0191 229 9517
Property Features :
- Ground floor retail unit / trade showroom to let
- Prominent location close to local amenities
- Suitable for a variety of alternate uses subject to planning permission
- GIA 277.84m² (2,990ft²)
- Awaiting EPC Rating