Free Valuation
Our team of specialists will advise you on the real value of your property. Click here. You will be redirected to a third party website.
Prominent ground floor retail unit with additional basement. Ground floor 67 sq. m. (732 sq. ft.) / Basement 53.07 sq. m. (571.24 sq. ft.). Formerly traded as a café but suitable for a variety of uses. Prime trading location on Whitley Bay’s main retail parade. Eligible for small business rate relief. Well presented unit, ready for immediate occupation.
Rent £12,500 per annum
Ref I307
Location
Whitley Road is a bustling shopping parade located in the centre of the Coastal Town, Whitley Bay. It benefits from excellent footfall and passing trade. The town itself is currently going through regeneration, being a popular North Tyneside Town, which will only increase the interest in the future. It is a popular seaside commuter town, with a district population of 36,500 people (Focus 2001), and a wider catchment of 200,000 people. Retailers located within close proximity include Greggs, B & M, Wetherspoons, Subway, Holland and Barrett among others.
Description
The premises comprise a mid-terrace ground floor retail unit, offering a versatile open-plan trading area, together with a fitted kitchen, store room, and separate male and female W.C. facilities. In addition, the property benefits from a substantial basement, providing excellent supplementary storage accommodation.
The unit was most recently occupied as a café, however, it is considered suitable for a wide range of alternative uses, subject to the necessary planning consents and use class requirements.
Tenure
Leasehold – A new lease is available, terms and conditions to be agreed.
Rent
£12,500 per annum
Rateable Value
The 2025 Rating List entry is Rateable Value £9,600.
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Costs
The ingoing tenant is responsible for the landlord’s legal fees.
Insurance
The landlord will insure the building and recover the costs from the ingoing tenant upon demand. The tenant is responsible for obtaining their own contents insurance.
Viewing
Strictly by appointment through this office.
Compare listings
Compare