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Albion Retail Centre Cowpen Road, Blyth, NE24 5BS

Retail for sale

£140,000
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Total price
SOA
Space

Location

Blyth is one of Northumberland's largest towns with a population of over 30,000 people on the North East Coast of England 11 miles north of Newcastle upon Tyne.

Blyth is located adjacent to the A198 which leads north to join the A1 towards Morpeth and Edinburgh and south to Cramlington and Newcastle along the A19. Further transport connections are provided along the A193 which leads south west towards Tynemouth, South Shields and Sunderland via the A1018. Newcastle International Airport is located approximately 8 miles to the south west.

Description

The subject property is a purpose built single storey retail development of approximately 36,000 sq ft constructed in the mid 1990's. The building is constructed from a steel portal frame with an external envelope constructed of predominantly cavity brick work and block work. The central roof area comprises two dual pitched roofs weathered in profile metal cladding incorporating roof lights.

Energy Performance Certificate

The Energy Performance Rating is D (90).

Terms

The property is available by way of an assignment or sub under lease expiring 24 March 2020 held on Full Repairing and Insuring terms at a passing rent of £140,000 per annum. The unit will be available from Q1/Q2 2017 following Lidl's relocation.

Listed Features

  • Steel Framed
  • Metal Cladding
  • Use Class - A1
  • General Retail
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Property Marketed By
Connect Property North East