SOLD PRIOR

We are delighted to offer to the market this end terrace two storey property of brick construction with pitched slate roof. The property consists two ground floor retail units, first floor offices and garage.

The property is located on West View within the North Tyneside Suburb of Forest Hall. West View is meters from the main retail parade which includes Sainsbury’s, Greggs, Boots, Subway, Nisa, Bet Fred, William Hill as well as a variety of small independents. Forest Hall is circa five miles to the north east of Newcastle City Centre.

Unit 7: Is currently let to a barbers which consists open plan salon, office, store and W.C facilities.
Unit 9: Is currently let to a beauty business. The unit consists ground floor open plan retail area and W.C facilities.
Unit 11: It is used as an office. The unit is open plan with W/C facilities, it has just undergone a full refurbishment with new plastering, LED lighting and more.

Garage: Open plan garage used as storage.

Property details provided by Rook Matthews Sayer
EPC rating: D and G
Council Tax band: N/A
Tenure : Freehold

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 13th DECEMBER 2023 OPTION 1

Rental Income
Current Leases
7 West View, £4,800, Sep 2018 (rolling)

9 West View, £5,200

3 years from 1 Oct 22, 11 West View, £5,000

2 years from 11 Sep 23, Garage, £1,200, 6 Month licence

Total
£16,200

7 West View – Ground Floor
16.96 sq.m 182.55sq.ft

9 West View -Ground
16.14 sq.m 173.72sq.ft

11 West View – First
38.62sq.m 415.70sq.ft

Garage – Ground
23.8sq.m 256.18sq.ft

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.