Long Leasehold Opportunity For Sale

 

Summary

  • Size: 12,799 sq ft (1,189 sq m)
  • Price: ORIO £150,000
  • Long Leasehold Interest

Location

The property is situated in a prominent position on Newburn Road directly adjacent to a Sainsbury’s large format convenience store and residential dwellings. Newburn Road is the main traffic thoroughfare through the village of Newburn, leading to Throckley, meaning the property benefits from excellent access to the public transport system.

Throckley is a suburb located in the west of Newcastle upon Tyne, situated circa 6 miles west of the city centre and just 2 miles south west of Newcastle International Airport. Throckley is a semi-rural location while still being very much in reach of the city, making it a popular destination for residents.

Get directions from Google Maps

Further Information

Price Offers in the region of £150,000

Rates Payable Upon Enquiry


Description

The property is a large rectangular structure which is currently fitted out as a day care centre for the elderly. This includes a large open plan, CIU club, diner, fully fitted commercial kitchen, DDA compliant lift, hairdressers, offices, storage and male/female WC facilities. The building layout is over two floors with the upper floor being situated in the roof space of the building.

Externally the property is of standard brick and block construction, under a timber framed pitched roof with concrete tile covering. The property benefits from uPVC double glazed windows throughout, a wet heating system, coded door entry and fully active CCTV throughout.

Terms

Offers in the region of £150,000 invited for the benefit of our clients Long Leasehold interest.

The property is held on a long leasehold from Newcastle City Council, with a term of 99 years from 31 March 1975. There is a ground rent of £275 per annum and the lease includes a restriction on use.

Any change of use would require the permission of the freeholder.