A two storey mid terraced commercial premises which has been well maintained and used as a sunbed premises. The property benefits from gas central heating, double glazing and a rear patio garden area and summerhouse.

Description:

A well presented and maintained two storey retail unit on the outskirts of Newcastle town centre. The property has formerly been used for sunbeds but would suit a variety of uses including back to residential (stpp). The property has a rear flagged yard and summerhouse.

Location:

Hassell Street is just off A527 Ring Road around Newcastle Town Centre, and joining Marsh Parade and A52 at the other end. It is within walking distance of the town centre and Jubilee 2 swimming baths and sports centre.

Accommodation:

Ground Floor
Front Room : 114 sq ft (10.61 sq m)
Reception Area : 112 sq ft (10.36 sq m)
Kitchen : 18 sq ft (1.65 sq m)
W.C.
Rear Room : 127 sq ft (11.85 sq m)

First Floor
Front Room 1 : 114 sq ft (10.61 sq m)
Room 2 including partition : 114 sq ft (10.60 sq m)
Room 3 with sliding door : 26 sq ft (2.42 sq m)
Boiler Room
Room 4 with sliding door : 39 sq ft (3.63 sq m)
Rear Room 5 : 61 sq ft (5.64 sq m)

Total : 725 sq ft (67.37 sq m)

PLEASE NOTE:

Please note that the property was previously occupied by a sunbed shop and to remove the sunbeds the landlord has removed the partition walls. These walls can be re-instated if required however they have been left at the moment in case a tenant prefers the space.

Rating:

The VOA website advises the rateable value for 2023/24 is £5,400. The standard non-domestic business rates multiplier is 51.2p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Proof of Identity:

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Viewing:

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.

Internet, Telephone & Proxy Bidding:

Interested in this lot but can't attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue.

Guide Price:

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price:

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.