DESCRIPTION
10 Percy Park Road presents an excellent opportunity to acquire well located commercial premises in the heart of Tynemouth. The property offers versatile accommodation suitable for a variety of different uses, subject to the necessary planning consents.
Located on the established Percy Park Road, the premises benefit from a prominent position within a popular and well connected commercial area.
ACCOMMODATION
The property includes the following gross internal areas:
25 m² / 269.09 ft²
TERMS
The premises are available by way of a new full repairing and insuring lease at a rent of £18,000 per annum (exclusive). All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
2026 - £7,800
The Small Business Rate for the year 2026/2027 is 43.2 pence in the pound.
ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
ENERGY PERFORMANCE
An Energy Performance Certificate has been commissioned and will be available shortly..
VAT
All figures are exclusive of VAT where chargeable.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
