Rent: £Price on Application
LOCATION & SITUATION
Ashington is a town situated in Northumberland, 15 miles north of Newcastle upon Tyne and 6 miles west of Morpeth and the A1. It has a population of approximately 30,000 persons and local catchment of over 60,000. The development is situated just off the A189 spine road linking Blyth and North Tyneside to the south, and Alnwick and Berwick to the north. According to the Department of Transport the site receives an Average Annual Daily Flow (AADF) of 14,226 vehicles, and the A189 36,405.
The site sits on Newbiggin Road in largely a roadside/residential pitch. Adjacent to the Fox Cover Tavern, and over 170 new build homes by Bellway and Taylor Wimpey. B&M Home Store & Garden Centre, Screwfix, Franks the Flooring Store, and Carpetright all in close proximity.
Following comprehensive redevelopment the property will provide 2-3 ground floor retail units with Unit 1 pre-let to The Co-Operative Group for a Convenience Store. The development will provide a generous 45 shared parking spaces. Units will be handed over to a standard Developers shell specification. Further details are available upon request.
|UNIT 1||4,606 sq ft||428 sq m||Let to Co-op Food|
|UNIT 2||4,815 sq ft||447 sq m||Available|
|UNIT 3||1,020 sq ft||95 sq m||Available|
Nb. Units 2-3 may be capable of amalgamation.
The units have suitability for the following uses: Retail, Professional Services, Food Uses, Business (Office), Leisure, and Health Services. Further details on specific business needs accommodated available from the agents.
Further terms including details of incentives are available upon request.
The units are available by way of a new effectively fully repairing and insuring term on a lease length of 10 years, subject to an upwards only rent review in year 5.
The property will be assessed for rates upon occupation following the developments completion. We would advise any interested parties to contact the Local Rating Authority (Northumberland Council) to provide estimates where possible.
There will be a service charge payable for the general upkeep and maintenance and for the shared car park. Further details available upon request.
Each party to be responsible for their own legal costs incurred with this transaction.
All figures quoted are exclusive of VAT where chargeable and may be payable.
The Energy Performance Certificate will be commissioned following site completion and will be available upon request.
All viewings are strictly by prior appointment through:-
DD: 0191 280 4239
M: 07713 151970
DD: 0191 280 4236
M: 07515 831 417
Property type: Retail
Rateable value: £TBC
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