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Showrooms for sale in Coquet Terrace, NE23

Create Alert 3 results Sorry, we currently do not have any listings for sale in 0 miles of Coquet Terrace, NE23 - Please find below the nearest listings available.
For SalePOA
New
For Sale (May Let) - High quality car dealership of 10,252 sq ft - Stadium Way comprises a high quality purpose built car dealership benefiting from a refubished showroom and high specification ancillary accommodation which can display 11 vehicles.

The property benefits from an ancillary showroom accommodation including offices, staff welfare and WC facilities. An additional office accommodation is provided at first floor. The parts department is accessible from the workshop and benefits from a mezzanine storage level. The workshop has seven service bays and is accessed via four electrically operated doors. Ancillary workshop accommodation includes staff welfare facilities. Arranged beside the workshop is a single independently accessed diagnostic bay. Externally, tarmacadam surfaced parking areas are to the front, side and rear of the property providing a total of 122 spaces and within the rear yard there is a valeting facility.

Offers are invited for the freehold interest and offers on a leasehold basis may be considered.
Stadium Way, Sunderland, SR5 1AT
Type: Showroom, Other Property Types & Opportunities
Location: Stadium Way, Sunderland, , Sunderland, SR5 1AT
Size: 10252 Sq Ft
Images: 1
Brochures: 1
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For SalePOA
Prime Position On Busy Thoroughfare
Extensive Stand Alone Ground Floor Unit
Let To Savers Health & Beauty Plc
Expiry: 28th September 2024
Passing Rent: £19,500p.a
Offers In Excess Of £230,000 Are Invited

Location
The subjects are situated on the West side of Durham Road, South of its junction with Beaconsfield Terrace within Birtley’s town centre.
Birtley lies 6 miles south-east of Newcastle-upon-Tyne, to the west of the junction of the A1(M) and A194(M).
The property is situated in the town centre shopping area, adjacent to a Morrisons Supermaket.
Occupiers close by include Greggs, Ladbrokes, William Hill and Lloyds Bank.

Subjects

The subjects comprise a single storey, stand alone retail unit of steel framed construction surmounted by a pitched roof with extensive aluminium framed glazed frontage.

Internally the subjects have been decorated in accordance with Savers corporate specification, lighting is provided by way of ceiling mounted fluorescent strips on the suspended ceiling, partitions have been erected to the rear of the demise to form office, staff area, storage and w.c facilities.

Customer parking is provided adjacent to the demise.

Area
The property provides the following accommodation and dimensions:
Gross Frontage 12.85 m (42' 2")
Net Frontage 12.05 m (39' 6")
Shop Depth 18.35 m (60' 3")
Built Depth 30.75 m (100' 10")

Executive Summary

The subjects are currently let on a full repairing and insuring lease on the following terms;

Tenant: Saver Health and Beauty Plc
Term: 15yrs from 29/9/2004
Expiry: 28th September 2024
Passing Rent: £19,500p.a.x
Further: No approach has been made to the tenant to discuss a lease extension. We understand this unit trades well and would be open to entering into negotiations.

Tenant Information
No. of Branches: 230.
Website Address: www.savers.co.uk
For the year ended 27th December 2014, Saver Health & Beauty plc reported a turnover of £299.925m, a pre-tax profit of £19.565m and a negative net worth of £22.019m. (Source: Experian 22.09.2015.)

Proposal

Our client is offering their freehold interest in the subjects for offers in excess of £230,000 representing a Gross Initial Yield of 8.5%

V.A.T

The subjects have been elected for V.A.T as such the transaction would be treated as a ToGC ( Transfer of a going concern). Further information available on request.

EPC

E.P.C available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Viewing

The subjects can be viewed during opening hours, detailed viewings can be arranged via the marketing agent.

Title & Lease

Available on request
Savers Investment For Sale - 45 Durham Road, Chester-Le Street
Type: Retail, Office, Retail - High Street, Showroom, Offices, Other Property Types & Opportunities
Location: 45 Durham Road, Chester Le Street, DH3 2QJ
Images: 3
Brochures: 1
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For Sale£320,000.00
OR
For Rent£35,000.00 Per Annum
TO LET
• 3,466 Sq ft (322 Sq m) - splits considered (contact agent)
• Ground and lower ground
• Restaurant (A3) / Bar (A4) consent granted (9am to midnight)
• Prominent building in Ashington prime retail area
• Many neighbouring national and regional retailers
• Good passing traffic and public footfall
• Large free public car park to rear
• Large open plan floor area
• Asking rent £35,000 per annum
_ ◦ Incentives available

FOR SALE
• 3,466 Sq ft (322 Sq m) - splits considered (contact agent)
• Ground and lower ground
• Restaurant (A3) / Bar (A4) consent granted (9am to midnight)
• Prominent building in Ashington prime retail area
• Many neighbouring national and regional retailers
• Good passing traffic and public footfall
• Large free public car park to rear
• Large open plan floor area
• Asking Price: £320,000
1-2 STATION BRIDGE, ASHINGTON, NORTHUMBERLAND NE63 9WQ
Type: Retail, General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Office, Showroom, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure, Offices, Other Property Types & Opportunities
Location: 1-2 Station Bridge, Ashington, Northumberland Station Bridge, Ashington, NE63 9WQ
Size: 650 - 3466 Sq Ft
Images: 9
Brochures: 2
View Property
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