SITUATION
The property is located on Front Street West, Bedlington close to the A1068 which offers a route to A1(M) and A189 Spine Road. Bedlington is a former mining town situated in south east Northumberland approximately 10 miles north of Newcastle upon Tyne and 4.5 miles south east of Morpeth.
Surrounding occupiers to the property include Tesco, JD Weatherspoons and TSB Bank.
DESCRIPTION
The property is of traditional brick and block construction with a slate tiled pitched roof. The bar is arranged on the ground floor with a large managers’ flat to the first floor and cellar storage. The property benefits from a yard to the rear and a detached garage.
ACCOMMODATION
The property comprises:
Front Bar
84.88m²
(913.63ft²)
Rear Lounge
51.73m²
(556.81ft²)
Ancillary
32.83m²
(353.38ft²)
Cellar
57.93m²
(623.55ft²)
First Floor Flat
181.46m²
(1953.20ft²)
Total
408.83m²
(4,400.57ft²)
TERMS
The property is available for sale for offers in the region of £150,000 (One Hundred and Fifty Thousand Pounds).
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Public House
£10,000
£4,710
We are advised that the rateable value of the premises as at 1 April 2010 is £10,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
We understand that VAT is payable on the purchase price.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.