Whickham, 25 Front Street
Whickham, 25 Front Street

LOCATION
The property is located on Front Street close to the junction with Rectory Lane.  Front Street is the main retail thoroughfare through Whickham with many retailers represented.  Other local occupiers include Reed Rains, Whickham Pharmacy and directly opposite Barclays Bank and Newcastle Building Society. The St Mary's Green Shopping Parade with Tesco and Heron Foods is also within the immediate vicinity.

DESCRIPTION
The property comprises a single storey modern retail unit with a ground floor sales area plus kitchen and WC facilities.

ACCOMMODATION
The premises have the following approximate net internal floor areas:-

  M2 Sq Ft
Sales 25.47 274
Staff 5.67 61
W.C 2.88 31
Total 34.02 366

RENTLEASE TERMS
A new lease is available for a term by arrangement.

£10,000 per annum exclusive.

USE
The current use is A1, however, A3 and A5 uses are available, subject to the necessary formal planning application.

RATES
According to the Valuation Office Agency website the property has an adopted Rateable Value of £8,900.  As this is below the current threshold of £12,000 no rates are payable. 

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

CODE OF PRACTICE
The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales.  Alternative lease terms are available upon request.  A copy of the Code can be obtained from Royal Institute of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 695 1535

VAT
All rents, premiums and purchase prices quoted are exclusive of VAT.  All offers are to be made to Gavin Black & Partners on this basis, and where silent, offers will be deemed net of VAT.

Local Map

Particulars