Property for sale
Property description & features
- Tenure: Freehold
- Investment Opportunity
- Approx. 10% ROI
- Central Location
- 1512 sq/ft Total Floor Area
Total Floor Area
The building has a total floor area of 140.46 sq/m or 1512 sq/ft.
Location
The property is located in Blyth, a town in Northumberland, located 13 miles northeast of Newcastle. The two-storey premises occupies a prominent corner plot with good pedestrian footfall, road and transport links.
Current Tenants
Unit 2 is let to William Hill Organisation Limited for 26,500vat per annum, paid monthly. Their lease runs for ten years from 02.06.2015.
Business rates
We understand that the rateable values for this property have been assessed as follows:
Unit 2 - 24,250
Interested parties may benefit from rates relief if applicable. Interested parties should carry out their own investigations.
Planning Use Class
The premises are available for any use within Class E of the Town & Country Planning (Use Classes) Order 2020. Interested parties should carry out their own due diligence in this regard.
EPC
An Energy Performance Asset Rating has been given of D-93. A certificate can be made available.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Services
Mains electric, water and drainage.
Tenure
Freehold.
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Agents Notes
VAT is applicable in addition to the agreed sale price.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 0000060. 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 A & G Land & Property Agents - Westerhope.
OnTheMarket may have applied supplementary data to this property listing, including:
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:
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.