Shop to rent
Property description & features
• Ground, first and second floors
• Suitable for a variety of uses
• Rent only £23,000 per annum
The property comprises ground, first and second floors within a three-storey end-terraced building of brick and stone construction under a slate covered pitched roof. The retail frontages are of single glazed timber frame construction. Heating is provided by wall mounted electric heaters.
Internally the property is presented in good condition with suspended ceilings, integral lighting, plastered walls and intruder/fire alarm systems. Most recently the property has been let to a single tenant. The ground and first floors were occupied as retail space with the second floor used for storage.
The property is Grade II Listed and lies within Hexham Conservation Area.
Rooms
Accommodation
We have measured the property as providing the following net internal areas:
Ground floor 98.11 sq m (1056 sq ft)
First floor 77.50 sq m (834 sq ft)
Second floor 81.99 sq m (883 sq ft)
TOTAL 257.60 sq m (2773 sq ft)
Services
Terms
The property is available to let as a whole by way of a new full repairing and insuring lease for a term of years to be agreed at a rent of £23,000 per annum exclusive of business rates and payable quarterly in advance.
Rates
The property is entered into the 2023 Rating List with a rateable value of £18,750.
Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable. If the property is split into two shops, a new rating assessment will be required.
VAT
The property is not registered for VAT and therefore VAT will not be payable on the rent.
Legal Costs
Service Charge
Parking
Planning
The property is suitable for retail use. It may also be suitable for other uses, subject to planning consent being obtained.
PROPERTY
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Property reference NEW240031_L. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Youngs RPS - Commercial.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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