Rent: £15,000 - £15,000
The property occupies a prominent corner position on Station Road, Ashington’s prime pedestrianised retail thoroughfare. The property is well positioned to benefit from the imminent reopening of Ashington train station which lies directly opposite. This development includes six new stations in a £166 million construction programme currently underway and linking Newcastle city centre in approximately 36 minutes. Services are due to be running by the end of 2023.
Wilko, Argos, The Post Office, Coral Bookmakers as well as a range of local retailers are situated in close proximity.
The property provides two-storey accommodation providing the following approximate areas:-
|Ground Floor Sales||98.76 m2||1,063 sq ft|
|First Floor Sales/Staff||83.8 m2||902 sq ft|
An Energy Performance Certificate has been commissioned and will be provided.
The premises are available on a new lease for a term of years to be agreed incorporating five yearly upward only rent reviews at a rent of £15,000 per annum exclusive.
|Rateable Value wef 1 April 2023||£11,750.00|
|Estimated Rates Payable wef 1 April 2023||£5,757.50|
Please note, however, any Tenant will not pay business rates on a property with a rateable value of £12,000 or less if that is the only property the business uses. For clarification, please contact the Local Authority.
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
For enquiries, viewing, and general information, please contact:
M: 07515 831417
M: 07713 151970
Or our joint agent:
Adam Crawfurd-Porter, FSS
M: 07507 144240
Property type: Retail
Rateable value: £11,750
Planning use: E
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