4 Bedroom Shop with Living Accommodation

A mid terrace two storey property comprising tenanted ground floor café and four bedroom flat located over the ground and first floor. Each bedroom is rented out on an individual basis with tenants sharing kitchen and bathroom facilities. The flat in need of modernisation.

The property is located on Westgate Road (A186) which links Newcastle city centre to the A1 and the A69, it is within walking distance of Newcastle city centre. Westgate Road comprises predominantly retail units on the ground floor with a mixture of residential and offices on the upper levels. Adjacent Westgate Road is the 24 acre former Newcastle Brewery site which is being redeveloped it currently has Science, Businesses and residential apartments on with much more to come.

The flat is currently accessed from 225 Westgate Road, this entrance does not belong to the vendor and will have to closed. There is however an entrance to the rear of the property that can be used.

Landlords Costs
The council tax, gas/electric & water is paid for by the landlord (Residential flats only).

• Ground Floor Cafe & Four Bedroom Flat
• Rental Income £24,880 per annum (Gross)
• Floor Area 106 sq. m. (1,151 sq. ft.)
• Fully Occupied
• The Flat is Rented on a Room by Room Basis
• Prominent City Centre Position
• On Street Parking

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

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 1

Floor Area
Unit Description Floor Sq. m. Sq. ft.
227 Café (Salt & Pepper) G 30.47 328
229 Kitchen / W.C (Com) G 17.60 189.5
229 Bathroom (Com) F 6.17 66.48
229 F Bedroom F 11.29 121.6
229 G Bedroom F 14.0 151.3
229 GG Bedroom F 13.9 149.7
229 H Bedroom F 13.47 145
Total 106.9 1,151.5

Rental Income
Unit Tenant Rental Income
227 Salt & Pepper Cafe £7,200
229 F Private £4,420
229 G Private £4,420
229 GG Private £4,420
229 H Private £4,420
Total £24,880

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.