£6,900

94 High Street East, Wallsend

, 0 bedrooms

Description

Ground Floor retail unit with first floor storage

 

LOCATION 

The property is situated on the southern side of the high street on a busy shopping parade close to the town centre and directly opposite a Pay and Display Car Park.  It is well positioned on the High Street with a variety of local retailers and local restaurants and takeaways adjoining and also benefits from a high volume of passing traffic and is close to a residential area. 

DESCRIPTION

The property comprises a ground floor lock up shop with sales area totalling 46.54 sq m (501 sq ft) benefiting from external security shutters.  In addition there is an office and large ancillary storage to the rear.  The property was formally occupied by Cash 4 Clothes and would be suitable for a number of alternative uses subject to the necessary consents. 

These details were certified to be correct by the vendors of the property as at  28/5/24.

ACCOMMODATION

The property briefly comprises as follows: 

GROUND FLOOR SALES

72.90 m2(784 ft)                        

With suspended ceiling and integral lighting, 5 no radiators, a display boarding to walls, under stairs cupboard. 

OFFICE                                    

12.14 sq m (130 sq ft)                

With suspended ceiling, 1 no. radiator.

KITCHEN AREA

8.26 sq m (88 sq ft)                    

Stainless steel single drainer sink, wall cupboard, water heater, leading to 

REAR STORE

14.8 sq m (159 sq ft)                  

With combi boiler 

STAFF W.C.         

Off lobby with access to rear road. 

FIRST FLOOR

Separate access door to former flat used for storage in association with ground floor unit. 

TENURE 

A new lease is available at commencing annual rental of £6,900.00 per annum and for a term of lease to be agreed (minimum of 5 years) on a full repairing and insuring basis. 

COSTS 

The proposed lessee will be responsible for the Landlords legal fees incurred in the preparation, settling and completion of the lease plus any VAT and stamp duty.

VAT 

Figures quoted excluded VAT where chargeable 

SERVICES 

Mains, electricity, water 

RATEABLE VALUE 

We have been advised by the local authority (North Tyneside Council) that the rateable value is £7,000 for 2023/2024. Please note that it will be necessary for any occupier to confirm the rates payable with the local authority. 

DISCLAIMER

None of the equipment or systems in the property have been tested by the agents and it is the responsibility of the purchaser/lessee to ensure that they are in working order


Floorplan

R94

Location map

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94 High Street East, Wallsend

Moody & Co

144/146 Fowler Street, South Shields,
Tyne & Wear, NE33 1PZ

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