Property photos
£430,000
(£95.34/sq. ft)
Retail premises for sale
Coast Road, Newcastle Upon Tyne NE74,720 sq. ft
Local area information
Property location
Nearby amenities
- Newcastle Bridges School 0.3 miles
- Benfield School 0.4 miles
- Manors 2.2 miles
- Newcastle 2.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Location
The property is prominently located on the access road to the Coast Road dual carriageway, approximately two miles to the East of Newcastle City Centre. The property overlooks the junction between the Coast Road, Benfield Road and Red Hall Drive.
Surrounding the property is a densely populated and popular residential suburb of Newcastle, together with a mix of retail, leisure commercial properties.
The premises are accessed at the front via the Coast Road access route and at the rear via a private accessway at the junction of Red Hall Drive and Dimbula Gardens.
Description
The premises comprise a detached, two storey building providing showroom, workshop and office space on ground floor level, together with workshop/storage space at first floor level. To the front of the property is a forecourt for product display or parking. At the rear, there is an enclosed yard area and access road to a further parking area and exit to Red Hall Drive.
The sales area has a large, fully glazed frontage with double glazing and internal motorised security shutters. The front section of the sales space has a vinyl floor covering, the remaining sales space is carpeted and has a suspended tile ceiling.
To the rear of the sales area is a private office, storage area and workshop. The workshop has a roller shutter door providing access to the enclosed rear yard.
From the sales area a staircase leads to a first floor, currently used for sail repairs.
There is a small kitchen and two toilet facilities to the ground floor.
The ground floor workshop and first floor are heated by a gas boiler serving panel radiators.
The premises would suit a wide range of retail and business uses, subject to any required consents.
Accommodation
Ground Floor
Sales Area 240.5 m2 2,589 sq.ft
Office 16.0 m2 172 sq.ft
Kitchen 2.5 m2 27 sq.ft
Store 8.7 m2 94 sq.ft
Workshop 64.4 m2 694 sq.ft
First Floor 106.4 m2 1,144 sq.ft
Total 438.5 m2 4,720 sq.ft
Tenure
Freehold with vacant possession.
Price
Offers the region of £430,000 are invited.
Lease terms
The premises are available on a new lease, for a term to be agreed, at a rent of £36,000 per annum. The lease will be on Tenant full repairing and insuring terms.
Business rates
Rateable Value: £31,500
Business Rates Payable after Retail Discount Relief £3,929.62 (2023/24).
The above figure should be verified with the Local Authority.
Energy performance rating
EPC Rating C(58)
The property is prominently located on the access road to the Coast Road dual carriageway, approximately two miles to the East of Newcastle City Centre. The property overlooks the junction between the Coast Road, Benfield Road and Red Hall Drive.
Surrounding the property is a densely populated and popular residential suburb of Newcastle, together with a mix of retail, leisure commercial properties.
The premises are accessed at the front via the Coast Road access route and at the rear via a private accessway at the junction of Red Hall Drive and Dimbula Gardens.
Description
The premises comprise a detached, two storey building providing showroom, workshop and office space on ground floor level, together with workshop/storage space at first floor level. To the front of the property is a forecourt for product display or parking. At the rear, there is an enclosed yard area and access road to a further parking area and exit to Red Hall Drive.
The sales area has a large, fully glazed frontage with double glazing and internal motorised security shutters. The front section of the sales space has a vinyl floor covering, the remaining sales space is carpeted and has a suspended tile ceiling.
To the rear of the sales area is a private office, storage area and workshop. The workshop has a roller shutter door providing access to the enclosed rear yard.
From the sales area a staircase leads to a first floor, currently used for sail repairs.
There is a small kitchen and two toilet facilities to the ground floor.
The ground floor workshop and first floor are heated by a gas boiler serving panel radiators.
The premises would suit a wide range of retail and business uses, subject to any required consents.
Accommodation
Ground Floor
Sales Area 240.5 m2 2,589 sq.ft
Office 16.0 m2 172 sq.ft
Kitchen 2.5 m2 27 sq.ft
Store 8.7 m2 94 sq.ft
Workshop 64.4 m2 694 sq.ft
First Floor 106.4 m2 1,144 sq.ft
Total 438.5 m2 4,720 sq.ft
Tenure
Freehold with vacant possession.
Price
Offers the region of £430,000 are invited.
Lease terms
The premises are available on a new lease, for a term to be agreed, at a rent of £36,000 per annum. The lease will be on Tenant full repairing and insuring terms.
Business rates
Rateable Value: £31,500
Business Rates Payable after Retail Discount Relief £3,929.62 (2023/24).
The above figure should be verified with the Local Authority.
Energy performance rating
EPC Rating C(58)
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Rod Bennett Commercial Property Consultants
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Rod Bennett Commercial Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rod Bennett Commercial Property Consultants for full details and further information.