Investment Ground Floor Retail and First and Second Floor Flat, Newcastle upon Tyne
13/13A Kenton Lane, Newcastle Upon Tyne, Tyne And Wear, NE3 3BQ
Investment, Retail
467.89 Sq Ft
£230,000 for the Freehold
For Sale
Gavin Black
Interested in this property?
Please contact me
gavinb@naylorsgavinblack.co.uk 0191 2111552Find out more
About the property
The property comprises an end terrace, brick-built property of three storeys in height with a pitched roof. The property is directly adjacent to the adjoining Tesco convenience store and petrol and diesel sales forecourt.
The premises comprise a ground floor shop and associated facilities with a separate access to the first and second floor flat. There is a yard to the rear. Access by both the shop and the flat with separate access externally:
Shop
Ground Floor Shop 13.5 x 20.6
Rear Store 8.4 x 13.9
Further Store Area 6.7 x 10.9
Flat
First Floor
Rear Room 14.7 x 13.4
Front Room 13.3 x 13.7
Front Room 10.1 x 6.9
Second Floor
Rear Bedroom 13.63 x 11.7
Front Bedroom 19.9 x 10.7
Key features
Prominent position next to Tesco Convenience Store and Filling Station
Active shopping parade in well established residential area.
Location
13 Kenton Lane is situated in the established residential suburb of Kenton, to the north-west of Newcastle upon Tyne. Kenton Lane is a popular residential road characterised by traditional housing, with the area offering a good range of local shops including a Tesco convenience store, schools and community facilities. The property is approximately 4.5 miles from Newcastle city centre, while the A1 Western Bypass is around one mile away, providing convenient road connections to Newcastle, the wider Tyne and Wear area and surrounding towns.
Terms
The premises are let for a term of years expiring on the 8th October 2030 at an annual rental of £18,000 per annum exclusive of rates.
