Location
The property is located in a prominent position on the corner of Chillingham Road and Third Avenue in Heaton, a residential suburb to the east of Newcastle city centre popular with both student and professional renters and young families. Chillingham Road is the main commercial street in Heaton, combining a mixture of small supermarkets, convenience stores and café s. Immediately located occupiers include The Chillingham, a public house operated by Sir John Fitzgerald s, Alphaset Design, Chillingham News, MaS Auto Parts, Café Spice and Absolute Beauty with Tesco, Sainsbury s, The Naked Deli, TSB Bank and Gregg s also nearby. The property is well served by public transport links with numerous regular bus routes to Newcastle city centre and Four Lane Ends transport interchange from Chillingham Road, as well as a station on the Tyne & Wear Metro at Chillingham Road providing services to Newcastle city centre and The Coast via Wallsend.
Description
The subject property was originally built in the late 1800 s as a retail store with living accommodation above. Our clients business has been based in the building for over 60 years and has expanded to convert the upper floor into ancillary office and storage accommodation. The property is accessed from an entrance on the corner of Chillingham Road and Third Avenue leading into a reception and waiting area, with additional fire escape on to Third Avenue. The remainder of the ground floor provides two treatment rooms and one storage room, with stair access to the first floor and cellar. The first floor provides three further office and storage rooms as well as staff WC facilities. To the rear of the property is a private yard area and there is railed open space to the front.
Business Rates
As of 1st April 2017, the property has a rateable value of £4,600.
VAT
We understand from our clients that the property is not opted to tax for VAT.
Development Potential
We understand that the property would be suitable for other uses, subject to the relevant planning consent. Interested parties are advised to contact Newcastle city council s planning department for further information.
Proposal
Offers are invited for our client s freehold interest in the building. Our clients reserve the right to conclude marketing via an informal tender process.
Further Information & Viewings
Viewings by strictly by appointment only. For further information contact Sole Agents Walton Robinson Chris Wilkin BSc (Hons) T: 0191 211 3963 E: chriswilkin@waltonrobinson.com
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