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Property Listing Details

Property details

Features

  • Ground floor retail unit currently T/A razors barber shop
  • Fully refurbished
  • Established retail parage
  • Free parking outside

Listing view statistics

Last 30 days: 130 page views

Since listed: 3842 page views

Description

Location

A ground floor retail unit, fully refurbished and fitted out, in an established retail parade within a large residential estate with free parking outside.

Accommodation

ground floor

sales 47.60 m sq (512 sq ft)

kitchen 4.46 m sq (48 sq ft)

lobby/store 2.78 m sq (29 sq ft)

With access to rear.

W.C.

Tenure:

The premises are held on a10 year lease with approximately 6 years unexpired. The passing rent is £2,750 per annum.

Rateable value:

South Tyneside Council have verbally advised that the rateable value is £2,650 for the year 2016/2017.

Rates payable:

To be confirmed by South Tyneside Council.

Business:

This is a well established business which was set up in 2002 and has a substantial list of retained clients. However due to the current working hours has potential to grow the business further. Currently open 3 ½ days a week.

Services:

Mains, electricity, water and drainage.

EPC: To be determined.

Costs:

The proposed lessee will be responsible for the landlords legal costs and surveyors fees occurred in the preparation of the assignment/new lease. To be confirmed with the landlord.

Viewing:

Strictly by appointment via our South Shields office. Tel .

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Map & Nearby

Local Amenities

  • Newcastle International Ferry Terminal 2 miles
  • South Shields Ferry Terminal 2.5 miles
  • Monkton Junior School 0.2 miles
  • Monkton Infants' School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Newcastle International Ferry Terminal 2 miles
  • South Shields Ferry Terminal 2.5 miles
  • Monkton Junior School 0.2 miles
  • Monkton Infants' School 0.4 miles

Market stats

Sale activity

Average estimated value for a house in NE34:

  • £250,227
  • Price increase

  • £1,973
  • (0.795%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £227,267
  • Properties sold

    48

Rental opportunities

£377 pcm

Recent sales nearby

See all recent sales in NE34
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Estimated running costs

Based on available 3rd party data

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

The Agent

Price history

Sold prices provided by Land Registry
11th Oct 2017 £15,000 Price reduced by £10,000
12th May 2017 £25,000 Price reduced by £10,000
4th May 2017 £35,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Moody and Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Moody and Company for full details and further information.