No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£90,000 | 1,100 sq ft
Added > 14 days

Retail property (high street) for sale

Esplanade, Whitley Bay, Tyne and Wear, NE26 2AG
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Retail property (high street)
0 bed
0 bath
1,100 sq ft / 102 sq m

Property description & features

  • Tenure: Freehold
  • Two Storey Retail Property
  • Ground floor shop
  • First floor Storage
  • Freehold Title
  • Tenanted at £6,000 per annum
The subject property briefly comprises a two storey retail investment, situated in the heart of Whitley Bay town centre. The property is surrounded by local amenities including shops, pubs and restaurants and is well connected with public transport nearby. The property has been tenanted for a number of years with a passing rent of £6,000 per annum.

VIEWINGS STRICTLY BY APPOINTMENTS ONLY.

Rooms

Location
The subject property is located just off Whitley Road, providing good road and transport links. The property is surrounded by local amenities and it is located approximately 0.2 miles from Park View Shopping Centre.

Accommodation
The property briefly comprises a ground floor retail premises with extension to the rear to incorporate a workshop and storage to the first floor. Ground Floor Retail - 48.75 sq. m. (495.91 sq. ft.) Workshop - 15.26 sq. m. (164.25 sq. ft.) Workshop - 16.21 sq. m. (174.50 sq. ft.) Kitchen - 3.18 sq. m. (3.26 sq. ft.) WC - 5.34 sq. m. (57.43 sq. ft.) First Floor Storage - 10.23 sq. m. (110.12 sq. ft.) Storage - 6.76 sq. m. (72.79 sq. ft.) TOTAL 103.05 sq. m. (1,109.25 sq. ft.) Please note: the first floor residential accommodation is not included within the sale of this property.

Tenure
Freehold. Title number: TY36795

Lease Terms
The property is tenanted at £6,000 per annum on a 5 year term which commenced on the 01/07/2023 and ends 01/07/2028.

Rateable Value
The adopted rateable value is £5,600 as of 1st April 2017. Sourced from VOA.

Energy Performance Certificate
We await a copy of the Energy Performance Certificate.

Places of interest

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    Property reference 375413. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021

    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:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.