269 Whitley Road, Whitley Bay NE26 2SS

Location

Type BankingOfficesRetailRetail & ResidentialStudio premises
Terms For Sale or To Let
Tenure Leasehold
Size 1341 sq ft
Price £235,000 freehold or £21,000 per annum leasehold
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Description

The premises are situated in a prime position in a busy pitch of the south side of Whitley Road between Clifton Terrace and Victoria Terrace. The property is in immediate proximity to occupiers including Betfred, Nationwide Building Society with B&M , Wetherspoons & Greggs opposite.

ACCOMMODATION

The unit is arranged to provide sales at ground floor with a staircase up to first floor level which has been used as offices, staff and WC facilities. There is a trap door access to a basement level (not accessed) and there is a 2nd floor level which has been voided off.
. The property has 2 dedicated parking spaces to the rear.

PLANNING

The property can be used for a number of class E retail uses subject to landlord’s consent.

LEGAL COSTS , RENT DEPOSIT & MLR

Each party is to bear their own legal fees incurred in documenting a new lease. The landlord may seek to hold a rent deposit particularly if the applicant is forming a new business and has no previous credible business track record. The landlord will require identity documentation from the tenant and the tenant will be required to review the lease via a UK regulated firm of solicitors. This is to allow Money Laundering Regulation Compliance.