Parsons Drive, Ryton, Tyne and Wear, NE40 3RA
- SIZE AVAILABLE
2,357 sq ft
219 sq m
- SECTOR
Restaurant for sale
Key features
- Single storey modern building
- NIA approx. 220sqm (2,368sqft)
- Fully tenanted investment
- Current annual income of £29,000
- Great location near Co-Op
- Freehold title
Description
Net internal area is approximately 220sqm (2,368sqft).
Location
The subject property is well located on Parsons Drive, Ryton, Tyne and Wear. Ryton is a popular and well established built up area with a village type centre, located around 7.5 miles west of Newcastle city centre. The property is highly visible from the main road (B6317) into Ryton from Blaydon and the A1. It also stands at the junction into the main car park used by the Co-op supermarket, Ryton Social Club and Wade's Optician's, who are next door to the subject.
Accommodation
GROUND FLOOR
Main former restaurant area: 150sqm
Public toilets: 19sqm
Kitchen area: 35sqm
Former cellar: 4sqm
Storage room: 7sqm
Office: 4sqm
Staff W.C.
NIA 219sqm (2,357sqft).
EXTERNAL
Decked area to the side.
Lease Details
The property is currently occupied by Wade Opticians and Pop's Diner. We are advised that this is currently generating a combined annual income of £29,000.
Tenure
Freehold title. Title number TY329692.
Rateable Value
The adopted rateable value is £20,000 as effective from 1st April 2017.
Sourced from VOA.
EPC
Available upon request (rating C).
VAT
We are advised that VAT is payable on this transaction.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Energy Performance Certificates
EPCBrochures
Parsons Drive, Ryton, Tyne and Wear, NE40 3RA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blaydon Station1.9 miles
- Wylam Station2.2 miles
- MetroCentre Station3.9 miles
About Pattinsons, Pattinsons Auction- National Auctioneer
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Notes
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