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COMMERCIAL

Former Coop Lynemouth, West Market Street, NE61

£2,083 pcm
£25,000 pa
Bradley Hall, Newcastle

Letting details

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PROPERTY TYPE

Shop

SIZE

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Description

LOCATION
The subject property is located on West Market Street in Lynemouth. It is situated on the end of a mixed use terrace. Other businesses located on West Market Street include Premier, Riverside Take Away, and Lynemouth Pharmacy.

There are great transport links coming in and out of Lynemouth driving traffic through the centre including the A1068 2 miles away, and the A189 2 miles away. Public transport is located on Bridge Road where Resource Centre bus stop is 100 yards from the property.

DESCRIPTION
The property is arranged over a ground and first floor, both have been stripped back to brick. The property provides a great opportunity for retail occupiers, it stands as a traditional build in Lynemouth centre.

ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Ground Floor 209m² 2,254ft²
First Floor 183m² 1,968ft²
Total 392m² 4,222ft²

EPC RATING
D100

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £9,600 and the estimated rates payable for the current year is £4,790.40 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 £25,000 (Twenty Five Thousand 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.

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Former Coop Lynemouth, West Market Street, NE61

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Widdrington Station3.7 miles
  • Pegswood Station4.9 miles

About the agent

Bradley Hall, Newcastle

1 Hood Street, Newcastle Upon Tyne, NE1 6JQ

Bradley Hall, Newcastle

At Bradley Hall we understand the responsibilities and stresses experienced by landlords, no matter the size of the portfolio.

Bradley Hall offers a centralised and streamlined residential lettings and property management service for individual properties and portfolios.

Our team is experienced in residential lettings and vastly knowledgeable of lettings legislation that affects your properties and tenants. It is no secret that residential lettings are heavily regulated, time cons

More properties from this agent

Industry affiliations

Property Redress SchemeRoyal Institute of Chartered Surveyors

Notes

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Disclaimer - Property reference NUT240050_L. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall, Newcastle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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