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94 High Street East Wallsend NE28 7RH

Description


Ground Floor retail unit with first floor storage


 


LOCATION 


The property is situated on the southern side of the high street on a busy shopping parade close to the town centre and directly opposite a Pay and Display Car Park.  It is well positioned on the High Street with a variety of local retailers and local restaurants and takeaways adjoining and also benefits from a high volume of passing traffic and is close to a residential area. 


DESCRIPTION


The property comprises a ground floor lock up shop with sales area totalling 46.54 sq m (501 sq ft) benefiting from external security shutters.  In addition there is an office and large ancillary storage to the rear.  The property was formally occupied by Cash 4 Clothes and would be suitable for a number of alternative uses subject to the necessary consents. 


These details were certified to be correct by the vendors of the property as at  28/5/24.


ACCOMMODATION


The property briefly comprises as follows: 



GROUND FLOOR SALES


72.90 m2(784 ft)                        


With suspended ceiling and integral lighting, 5 no radiators, a display boarding to walls, under stairs cupboard. 


OFFICE                                    


12.14 sq m (130 sq ft)                


With suspended ceiling, 1 no. radiator.


KITCHEN AREA


8.26 sq m (88 sq ft)                    


Stainless steel single drainer sink, wall cupboard, water heater, leading to 


REAR STORE


14.8 sq m (159 sq ft)                  


With combi boiler 


STAFF W.C.         


Off lobby with access to rear road. 


FIRST FLOOR


Separate access door to former flat used for storage in association with ground floor unit. 


TENURE 


A new lease is available at commencing annual rental of £6,900.00 per annum and for a term of lease to be agreed (minimum of 5 years) on a full repairing and insuring basis. 


COSTS 


The proposed lessee will be responsible for the Landlords legal fees incurred in the preparation, settling and completion of the lease plus any VAT and stamp duty.


VAT 


Figures quoted excluded VAT where chargeable 


SERVICES 


Mains, electricity, water 


RATEABLE VALUE 


We have been advised by the local authority (North Tyneside Council) that the rateable value is £7,000 for 2023/2024. Please note that it will be necessary for any occupier to confirm the rates payable with the local authority. 


DISCLAIMER


None of the equipment or systems in the property have been tested by the agents and it is the responsibility of the purchaser/lessee to ensure that they are in working order

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

94 High Street East Wallsend NE28 7RH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wallsend Metro Station0.2 miles
  • Hadrian Road Metro Station0.7 miles
  • Walkergate Metro Station1.2 miles

About the agent

Moody & Co, South Shields

144 - 146, Fowler Street, South Shields, NE33 1PZ

Moody & Co, South Shields

A family run business offering a first class service.

Established in 1953, Moody & Co covers the South Tyneside and Durham area. It offers a full range of property related services; and being privately owned, its quality of service remains of paramount importance to its owners. Partners and staff have the benefit of excellent local knowledge and aim to offer an efficient, flexible and as helpful a service as possible.

All offices are voluntarily registered under The National Assoc

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 9521. 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 Moody & Co, South Shields. 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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