Unit 1 Park Avenue, Whitley Bay, NE26 2TJ

To Let
Unit 1, Park View Shopping, Whitley Bay - Picture 2024-02-16-12-00-49
Use Class

Use Class

E

Size

Size

1,809 sq ft

Rent pa

Rent pa

£30,000

Description

Park View Shopping Centre is the prime shopping destination within Whitley Bay, linking Park View and Whitley Road. Whitley Bay is a popular seaside commuter town, with a district population of 36,650 persons (North Tyneside Pop Stats 2013) and a wider catchment of circa 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).

Accommodation

1,809 Sq.Ft

This property sits prominently fronting Park View within the scheme adjacent to Hays Travel. The unit provides the following approximate floor areas: -

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,065
99
First Floor
79
74

Financial

Lease Type

New Lease

Lease Term

A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £30,000 per annum exclusive.

Rent

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

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.

Service Charge

A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts.

Business Rates

Rateable Value £37,750 2024/2025 UBR £0.499 Estimated Rates Payable £18,838 Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Rates

Rateable Year:
2024
Rateable Value:
£37,750.00
Rates payable:
£18,838.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

49

Energy Performance Certificate Information

The property has an Energy Performance Certificate of Band B (49). A full copy of the EPC is available upon request.

This unit is part of Park View Shopping

Park View Shopping

Nearby occupiers include Sainsburys Local, Boots the Chemist, Iceland, Superdrug, Costa, Home Bargains, Hays Travel and Card Factory. Car park at roof top level with spaces for 170 cars.

AT Retail Ltd

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 26/03/2024