£125,000

King Street, Newcastle ST5 1HX

552 sq ft

£125,000

King Street, Newcastle ST5 1HX

552 sq ft

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All mains services are available subject to any reconnection which may be necessary.

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Freehold with vacant possession. The seller would consider remaining within the property on a short term rental if a potential buyer was interested. Terms to be negotiated.

Energy Performance Certificate number and rating is 100 D

Each party is responsible for their own legal costs in respect of the sale of this premises.

Description

A well maintained and presented forcourted two storey office / retail premises with rear yard and parking. The property benefits from gas central heating, double glazing, alarm system and is situated on a busy road into Newcastle Town Centre.

Description:

A two storey terraced property which has been modernised and well maintained and most recently used as a physiotherapy centre but would suit other uses under class E. The property has parking to the rear which can accommodate 3-4 cars as well as a private rear yard. The property benefits from gas central heating, double glazing and alarm system. There is short stay free parking on the road outside and to the rear is public pay and display car park.

Location:

The property is located towards the bottom of King Street (A53) near the junction with Borough Road. The A53 is one of the main roads between Newcastle town centre and Hanley town centre, and also gives access to A500 which runs between J15 and J16 of the M6, as well as leading out to Crewe and in the other direction the A50 to Derby.

Accommodation:

Ground Floor
Front Room : 101 sq ft (9.34 sq m)
Rear Room : 132 sq ft (12.26 sq m)
Kitchen : 76 sq ft (7.05 sq m)
w.c.

First Floor
Front Room : 137 sq ft (12.73 sq m)
Rear Room : 106 sq ft (9.83 sq m)
Store area with loft hatch

Total : 552 sq ft (51.21 sq m)

Rating:

The VOA website advises the rateable value for 2023/24 is £4,450 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.

Disclaimer

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.

Location

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