Bidder | Time | Amount |
---|---|---|
24036 | 16/04/2019 12:35:09 | £210,000 |
Greig Cavey Commercial Ltd
21 South Road
Hartlepool
TS26 9HD
Freehold
Situated approximately 6 miles west from Gateshead town centre within an established and high density residential area. The property is located opposite to Content Street, other nearby occupiers include a cafe, together with several other local traders. Public transport includes Blaydon railway station.
Total Current Rent Reserved: £23,996 per annum
Unit | Accommodation | Tenancy | Rent |
First floor flat | 4 rooms, kitchen, bathroom/wc | Let on a regulated tenancy at a registered rent of £73 per week, effective from 16/08/2018 | £3,796 per annum |
Ground floor shop | Retail area, internal storage, garage. Gross internal area approximately 217 sq m (2,335 sq ft) | Let to an individual t/a Best-one on a 20 year lease from 21/08/2009 at a rent of £15,700 per annum with rent reviews every 5 years. | £15,700 per annum |
Ground floor cafe-Unit 1 & 2 | Retail area, staff room. Gross internal area approximately 48.75 sq m (525 sq ft) | Let to an individual on a 3 year lease from 26/05/2018 at a rent of £4,500 per annum | £4,500 per annum |
Total rent reserved | £23,996 per annum |
Note: The properties have not been internally inspected by BidX1. The areas provided are from the valuation office agency. Interested parties must rely on their own enquiries in this regard.
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