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Retail property (high street) for sale

Esplanade, Whitley Bay, Tyne and Wear, NE26 2AG
Sold STC
Retail property (high street)
1,100 sq ft / 102 sq m
Added > 14 days

Features and description

  • 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.

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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