Whitley Bay, Unit 1 Park View Shopping Centre

Rent: £30,000 - £30,000

Region: Tyne and Wear

Town/City: Whitley Bay

LOCATION
Whitley Bay is a popular seaside commuter town, with a district population of 36,500 persons (Focus 2001), and a wider catchment of 200,000 persons. The town is situated approximately 10 miles east of Newcastle City Centre and is well linked via the Tyne Wear Metro and The Coast Road (A1058).

 

DESCRIPTION
Park View Shopping Centre is the prime shopping destination within Whitley Bay, linking Park View and Whitley Road. The scheme houses the town centres principal car park at roof top level with spaces for circa. 170 cars.  Retailers located within the scheme include Sainsburys Local, Boots, Iceland, Superdrug, Costa, Select Ladieswear and Home Bargains.

 

ACCOMMODATION
This prominent unit is the final remaining in the scheme and is located at the Park View entrance of the centre. The unit provides the following approximate floor areas:-

Ground Floor	168 sq m	1,809 sq ft
First Floor	74 sq m	794 sq ft

LEASE TERMS
The property is available at a rent of £30,000 per annum exclusive, on lease terms to be agreed.

 

SERVICE CHARGE
The current On Account Service Charge for 2016/17 is circa £16,144 pa

 

RATEABLE VALUE
According to the Valuation Office Website – https://www.tax.service.gov.uk/business-ratesfind/search, the 2018 Draft Rating Assessment is as follows:-

Rateable Value	£37,500
Rates Payable for year commencing 1 April 2018	£18,610

Interested parties should verify the accuracy of thisinformation and the rates payable with North Tyneside Council, as this reduction is subject to transitional relief (Tel: 0191 643 2365).

 

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Rating for the property is B (49).

 

VAT
All figures quoted in these particulars are exclusive of any VAT where chargeable.

 

VIEWING
Strictly by prior appointment through @retail:-

Ian Thurlbeck
DD: 0191 280 4236
Mob: 07515 831 417
Email: Email: iant@atretail.co.uk