Back to search results4 – 6 Westgate, Guisborough, TS14 6BA
£390,000
Key information
- investment / retail
- Guisborough
- 3680 sqft
- Receiving income of £27,500 per annum
- 25 year lease due to expire 1st December 2043
- Two self contained retail units
- Prominent position within a high footfall area
- Separately accessed first floor accommodation
Description
Brochure
Location
The property is located within the popular market town of Guisborough, 22 miles north-west of Whitby and 10.5 miles south-east of Middlesbrough. The town sits on the edge of the North Yorkshire Moors.
The property is situated on the northern side of Westgate with prominent elevated frontage of the ‘high street’ and holds close proximity to the Market Cross and recently renovated Town Hall.
Occupiers in the immediate vicinity include Cookfellas Wine Bar and Eatery, Greggs, Boots, Koselig Bakery, One Stop, Specsavers and Brass Monkey.
Description
The property comprises a two storey building arranged as two self contained retail units currently arranged as a bakery.
The main building has been extended to the rear to provide a kitchen, storage and ancillary accommodation. The first floor is currently arranged as bakery school with stores, offices and wc facilities.
The property can be accessed by way of either retail unit directly off Westgate, or by way of an private alleyway from both Westgate and Reid Terrace to the rear.
Accommodation
4 Westgate
Gross Frontage: 4.33 m (14 feet 2 inches)
Net Int Width: 3.76 m (12 feet 3 inches)
Shop Depth: 5.28 m (17 feet 3 inches)
Net Sales Area: 19.69 sq m (212 sq ft)
Kitchen 39.94 sq m (430 sq ft)
6 Westgate
Gross Frontage: 5.92 m (19 feet 4 inches)
Net Int Width: 5.32 m (17 feet 4 inches)
Shop Depth: 8.35 m (27 feet 4 inches)
Net Sales Area: 48.56 sq m (522 sq ft)
Stores 69.08 sq m (743 sq ft)
WC
1st Floor 4- 6 Westgate
Office/Stores 164.76 sq m (1,773 sq ft)
Rating Assessment
The premises have a combined Rateable Value of £29,100. Interested parties should contact Redcar and Cleveland Borough Council for the exact rates payable.
Tenure
The premises are currently let on to Brickyard Bakery and Academy on a 25 year FRI Lease, which expires on 31st December 2043, at a passing rent of £26,000 per annum .
The freehold investment is available to purchase at an asking price of £420,000.
Viewing
Contact Paul Stevenson on 01642 713303
Ground Floor Plans
- These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract:
- Thomas Stevenson cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representation and must satisfy themselves as to their accuracy:
- No employee of Thomas Stevenson has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the authority.
- Prices/rents quoted in these particulars may be subject to VAT in addition; and
- Thomas Stevenson will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.