This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Mixed-Use Retail/Residential Investment
- Current Rental Income £14,040 per annum
- Potential Income £20,280 per annum
- Freehold Title
- Ideal Gosforth Location
The property is currently tenanted with income of £14,040 per annum. Once fully let, the property could produce a total rental income of £20,280 per annum.
Rooms
Location
The subject property is well located along the busy Great North Road, Gosforth. This property is approximately 1.1 miles from Gosforth shopping centre, there is regular public transport through Great North Road.
Accommodation
Ground Floor
Retail - 69.6 sq. m. (749.19 sq. ft.)
Store - 9.52 sq. m. (102.48 sq. ft.)
Store - 27.2 sq. m. 292.79 sq. ft.)
Kitchen - 10.78 sq. m. (116.04 sq. ft.)
TOTAL - 117.1 sq. m. (1,260 sq. ft.)
First Floor
Bedroom 1 - 17.64 sq. m. (189.88 sq. ft.)
Bedroom 2 - 10.54 sq. m. (113.45 sq. ft.)
Lounge - 18 sq. m. (193.76 sq. ft.)
Bathroom - 7.95 sq. m. (85.58 sq. ft.)
Kitchen - 13.75 sq. m. (148.01 sq. ft.)
Second Floor
Bedroom 3 - 18.36 sq. m. (197.63 sq. ft.)
Bedroom 4 - 10.54 sq. m. (113.45 sq. ft.)
TOTAL - 96.78 sq. m. (1,042 sq. ft.)
Lease Terms
Ground Floor Retail - we are advised that the annual rent is £9,000 and tenant currently holding over.
First Floor - We currently await AST lease terms.
Tenure
Freehold. Title Number: TY148880.
Rateable Value
The adopted rateable value is £13,250 as of 1st April 2017. Sourced from VOA.
Energy Performance Certificate
We currently await a copy of the Energy Performance Certificate.
Places of interest
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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