Unit 1 Park Avenue, Whitley Bay, NE26 2TJ

Use Class

Use Class

E

Size

Size

1,809 sq ft

Rent pa

Rent pa

POA

Market Sector

Market Sector

Shopping Centre

Key Features

  • Located within Whitely Bay’s prime shopping destination, The Park View Shopping Centre

  • Car park at roof top level with spaces for 170 cars

  • Nearby occupiers include Sainsburys Local, Boots the Chemist, Iceland, Superdrug, Costa, Home Bargains, Hays Travel and Card Factory

Description

Prominent unit at the scheme entrance facing Park View

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 36,8570 persons (North Tyneside Pop Stats 2022) and a wider metropolitan borough catchment of in excess 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).

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Accommodation

1,809 Sq.Ft

This property sits prominently fronting Park View within the scheme adjacent to Hays Travel.

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,065
99
First Floor
798
74.1

Financial

Lease Type

New Lease

Lease Term

A new Effective Full Repairing & Insuring lease for a term to be agreed.

Rent

Rent on application

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.

Tenure

Leasehold

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:
2025
Rateable Value:
£44,000.00
Rates payable:
£16,808.00
UBR:
0.4p/£

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 Property is Part of a Shopping Centre

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

Disclaimer

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.

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