Located on Whitley Road within the centre of Whitley Bay, the property benefits from being on the main road through Whitley Bay and surrounded by long established businesses. Whitley Road currently supports a wide range of businesses and is benefitting from the general resurgence of the area in general. The subject property is located close to the Post Office, Pharmacy and the new Big Local Whitley Bay premises. Description
The premises comprise a large ground floor retail unit suitable for a wide range of business uses. They have existing A1 retail consent and have Planning Consent for A3 restaurant/café use.
A separate access is being formed to the upper floors which are being converted to residential use.
There is a rear access door to the rear lane and the shop front has an electric security shutter. Accommodation
Ground Floor Area approximately 740 sq.ft (68.8 sq.m)
Floor areas will be confirmed once the new access is formed. Lease terms
The premises are available on a new, tenant full repairing and insuring lease for a term of years to be agreed, subject to three yearly rent reviews. Rent
£9,950 per annum. Business rates
Small Business Rates Relief may be available which would mean no business rates would be payable for qualifying businesses. *
Rateable Value £9,100 (Whole Building)
The above figure should be checked with the Local Authority Energy performance rating
EPC Rating: G(183)
The Energy Performance rating will be re-assessed following the conversion and refurbishment of the premises.
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