About this property
Ashington is a town in Northumberland with a resident population of around 27,000 people. The town lies approximately 15 miles north of Newcastle upon Tyne. The A189 “Spine Road” to the east of the town runs south via Blyth to Newcastle and the A19 and A1 Trunk roads. There are regular bus services from the bus station in the town centre to Newcastle upon Tyne and other centres in south-east Northumberland.
There have been improvements to the town centre area in recent years, in particular, the pedestrianisation of the prime retailing area on Station Road and the development of the ASDA superstore approximately 300 yards to the north. This shop lies close to the junction of Station Road and Woodhorn Road, in a strong retailing area. The town’s bus station lies approximately 200 yards to the north-east. There is limited local on street parking but there are a number of free surface car parks situated around the town centre.
Neighbouring multiple retailers include New Look, Iceland, Ramsdens, Superdrug, Specsavers, Sports Direct and X-Catalogue, as well as Ladbrokes & Chisholms.
The subject property comprises a single-storey end-terraced lock-up shop of brick construction under a flat roof. The shop benefits from a modern shop front and a deep PVC fascia above. There is a suspended ceiling with integral Category II lighting units. The walls have been replastered and painted and the floor is ready for final covering. Ancillary storage and staff facilities are provided. The shop has access to a shared, internal service corridor at the rear of the unit, with servicing available off the service road to the side of the building.
Sales area 50.38 sq m (542 sq ft)
Store/wash room 2.88 sq m (31 sq ft)
Store 2.37 sq m (26 sq ft)
The property is available to let by way of a new full repairing and insuring lease for a negotiable term. The lease will incorporate upward only rent reviews to market rent at the end of each 3rd year of the term.
We understand the property is entered into the 2017 Rating List with a Rateable Value of £7,600. Interested parties should verify this figure with the Local Authority. A new tenant may qualify for Business Rates Relief.
All figurers quoted above are exclusive of VAT where chargeable.
The ingoing tenant is to bear the landlord’s proper legal costs.
CODE OF PRACTICE FOR COMMERCIAL LEASES
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,
Strictly by appointment with YoungsRPS (reference Michael Blake or Paul Fairlamb).