Description

The property formerly occupied by Select Fashion is situated in a prime position on Ashington’s main retailing street which has been extensively remodelled with new pavements, lighting and street furniture. Nearby national occupiers include CEX, Coral and Halifax Bank with a number of local and regional retailers.

ACCOMMODATION

The property provides a retail unit at ground floor with additional sales space on first floor. The premises have a small rear yard for loading purposes which leads onto a rear lane.
The building does require a degree of internal repair at first floor as a result of historic water penetration and is therefore priced to reflect this. The building may suit a developer, investor or owner occupier.

Ground floor sales 120 sqm (1287 sqft)
Rear Ground floor office/stores 19 sqm (208 sqft)
First floor sales/stores/staff 138 sqm (1485 sqft)

A copy of historic floorplans are available on request.

BUSINESS RATES

The premises are currently entered into the Valuation List with an RV of £14,500 from 1st April 2023. The current Uniform Business Rate is 0.499p in the £ making rates payable £7,235.50.
On the basis the RV is below £15,000 discretionary relief may be available and in addition the property may qualify for a 40% rates reduction. Interested parties should verify this rating information with the local rating authority directly and check the position.