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10-12 Park Av 1,726 sq ft 48% Let Retail Property Whitley Bay NE26 1DG £195,000 (£112.98/sq ft)
Investment Highlights
- Situated close to the junction of Park Avenue and Whitley Road
- Independent access
- Nearby occupiers include Sainsbury’s, Iceland, Snap Fitness plus several local retailers
Executive Summary
The property provides a ground floor retail unit (10 Park Avenue) which has sales space to the front and storage space to the rear of the sales area. Within the rear area is a small sink unit / kitchen plus a WC facility. A separate external entrance provides access to a restaurant (12 Park Avenue) at first floor which trades as “The Bangkok Palace”, which has not been inspected at this stage. There is access to both the ground & the first floor from the rear.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,726 sq ft
Costar Property Class
B
Year Built
1890
Price
£195,000
Price per sq ft
£112.98
Occupancy Rate
48%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.27
Total Plot Size
0.15 ac
Frontage
36 ft on Park Avenue
Amenities
- Storage Space
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property provides a ground floor retail unit (10 Park Avenue) which has sales space to the front and storage space to the rear of the sales area. Within the rear area is a small sink unit / kitchen plus a WC facility.
| Space | Size | Space Use | Position | Available |
| Ground | 892 sq ft | Retail | End Cap | Now |
Ground
| Size |
| 892 sq ft |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
Ground
| Size | 892 sq ft |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
The property provides a ground floor retail unit (10 Park Avenue) which has sales space to the front and storage space to the rear of the sales area. Within the rear area is a small sink unit / kitchen plus a WC facility.
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Nearby Major Retailers
Contact
-
Mike Reid -
Reid Birkett Ltd
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10-12 Park Av
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