Property for sale
Property description & features
LOCATION
The subject property is located on Walter Street which is a residential street on the edge of Jarrow town centre fronting on to the B1297. The property is located approximately one mile west of the A19 trunk road and the southern entrance into the Tyne Tunnel. It is around six miles south west of Newcastle upon Tyne City centre.
There are a wide range of retail and leisure facilities in the immediate vicinity including shops, supermarkets, schools and public houses. There are also a number of industrial estates located nearby.
DESCRIPTION
The property comprises a two-storey detached building of rendered brick construction with UPVC double glazed windows under a slate covered pitched roof.
The front part of the property has been refurbished recently as a bar. The rear part of the ground floor has been partly refurbished to provide a restaurant with commercial kitchen.
To the first floor is a former two bedroom flat which is in need of refurbishment and a large function room. There is also a cellar, gas fired central heating to radiators and a fire alarm system.
There is a car park and outdoor seating area to the side of the property.
The property extends to a site area of 0.21 acres (0.09 hectares) or thereabouts.
ACCOMMODATION
We have calculated the gross internal area as follows:
Ground floor bar 158.56 sq m (1707 sq ft)
Ground floor restaurant 96.91 sq m (1043 sq ft)
First floor 196.64 sq m (2116 sq ft)
Total 452.11 sq m (4866 sq ft)
SERVICES
We understand the property benefits from all mains services. However, we recommend all interested parties make their own enquiries as to service capacity.
TERMS
The property is available freehold with vacant possession on completion at offers in excess of £195,000 plus VAT.
OUTGOINGS
The property is assessed for rating purposes as follows:
Description: Public House & premises
Rateable Value: £4,000
We understand that the first floor flat is a Band A property.
Occupiers of the property are likely to benefit from small business rates relief for the bar.
Interested parties should verify the accuracy of this information and rates payable with the Business Rates department of the Local Authority.
VAT
The property is registered for VAT and therefore VAT will be payable on the sale price.
LEGAL COSTS
Each party to bear their own legal costs.
OTHER
DEVELOPMENT POTENTIAL
Pre-application enquiries have been undertaken with the Local Planning Authority. This has established that conversion of the property to a wholly residential use or, the demolition of the existing property and construction of residential properties is likely to be acceptable in planning terms subject to the satisfactory design and massing of the building.
Further details of the pre-application enquiries are available on request.
ENERGY PERFORMANCE CERTIFICATE
the property has an EPC rating of C-56.
A copy of the EPC and recommendation report is available on request.
VIEWING
Strictly by appointment with sole agents, YoungsRPS.
Property information from this agent
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Property reference 100897010469. 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 Youngs RPS - Commercial.
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Broadband availability and predicted speed: obtained from Ofcom on July 28, 2022
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
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