Canterbury Way, Wideopen, NE13

LOCATION
The subject property is located on Canterbury Way, Wideopen which is a village in North Tyneside, Newcastle upon Tyne. Wideopen is approximately 5 miles from Newcastle city centre and 1.2 mile from the A1. Public transport links include a bus stop 390 ft from the property and Regent Centre metro station within 3 miles which is 5 stops from Newcastle City Centre.

DESCRIPTION
The subject property comprise a mid terrace, ground floor retail unit which is situated on a well established retail parade. The property benefits from a traditional shop frontage, kitchen and WC facilities.

There is public on street parking opposite the premises.

ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:

Ground Floor 57.3m² 616ft²

EPC RATING
C55

RATING ASSESSMENT
The rateable value of the premises at 1 April 2023 is £5,900 and the estimated rates payable for the current year is £2,944.10. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

TERMS
The property is available by way of a new lease with terms to be agreed at £14,500 (Fourteen Thousand Five Hundred Pounds) per annum.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.

VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.