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AUCTION - Barnett Ross

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Photographs taken September 2009<br />

LOT<br />

29<br />

180/182 Shields Road, Byker<br />

Newcastle-Upon-Tyne<br />

Tyne & Wear NE6 1EJ<br />

6 WEEK COMPLETION<br />

Reserve Below<br />

£200,000<br />

SITUATION<br />

Occupying a busy trading position in the heart of the town<br />

centre opposite a Betfred amongst such multiples as<br />

Boots, PDSA, Superdrug, William Hill, Lloyds TSB and<br />

many others.<br />

Byker lies on the main A193 under 2 miles east of<br />

Newcastle-upon-Tyne and enjoying easy access to the A1.<br />

PROPERTY<br />

Forming part of a terraced parade comprising a Ground<br />

Floor Shop with internal access to Ancillary Storage at<br />

first and second floor level.<br />

VAT is NOT payable in respect of this Lot<br />

FREEHOLD<br />

TENANCY<br />

The entire property is let on a full repairing and insuring<br />

lease to Barnardo’s (having approx. 340 branches) for a<br />

term of 10 years from 19th June 2007 at a current rent of<br />

£17,500 per annum exclusive.<br />

Rent Review and Tenant’s Break 2012<br />

ACCOMMODATION<br />

Ground Floor Shop<br />

Gross Frontage<br />

Net Frontage<br />

Shop Depth<br />

Built Depth<br />

Sales Area<br />

First Floor Storage<br />

WC<br />

Second Floor Storage<br />

22'1"<br />

20'2"<br />

48'0"<br />

53'9"<br />

Approx 900 sq.ft.<br />

Area Approx 740 sq.ft.<br />

Area Approx 430 sq.ft.<br />

Total Area Approx 2,070 sq.ft.<br />

View from the property<br />

£17,500 per annum<br />

The Surveyors dealing with this property are<br />

JONATHAN ROSS and NICHOLAS BORD<br />

VENDOR’S SOLICITORS<br />

Mishcon de Reya, Summit House, 12 Red Lion Square,<br />

London WC1R 4QD Tel: 020 7440 7000. Ref: P. Freedman Esq<br />

FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />

The successful Buyer will be liable to pay the Auctioneers an administration<br />

fee of £250 (including VAT) upon exchange of contracts<br />

41

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