Shop to rent
Letting details
- Available now
- Long term let
Features and description
Rent only £12,500 per annum
The subject 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 frontage is of single glazed timber frame construction.
Internally the property provides a retail space to the ground floor, with suspended ceilings, integral lighting, plastered walls and laminate floor. There are two storage rooms to the rear of the ground floor, and a w.c. To the first floor is an area which has previously been retailed from, but is also suitable for storage. The second floor provides additional storage space with two storage rooms and a w.c.
The property is Grade II Listed and lies within Hexham Conservation Area.
Rooms
LOCATION
Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east.
The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre. The property lies within the Hexham Conservation area.
The property is located on Battle Hill, close to its junction with Beaumont Street. Battle Hill forms part of the main vehicular route through Hexham town centre. Fore Street is located approximately 50 yards to the east.
Other occupiers in the vicinity include Oxfam and several independent traders. Also present nearby are Lloyds Bank, Greggs, Boots and Costa.
DESCRIPTION
The subject 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 frontage is of single glazed timber frame construction.
Internally the property provides a retail space to the ground floor, with suspended ceilings, integral lighting, plastered walls and laminate floor. There are two storage rooms to the rear of the ground floor, and a w.c. To the first floor is an area which has previously been retailed from, but is also suitable for storage. The second floor provides additional storage space with two storage rooms and a w.c.
The property is Grade II Listed and lies within Hexham Conservation Area.
ACCOMMODATION
We have measured the property as providing the following net internal areas:
Ground floor
Retail area
37.70 sq m(406 sq ft)
Store 1
11.14 sq m(120 sq ft)
Store 2
6.21 sq m(69 sq ft)
First floor
Retail area/store
39.28 sq m(423 sq ft)
Store
2.83 sq m(30 sq ft)
Second floor
Store 1
20.55 sq m(221 sq ft)
Store 2
18.81 sq m(202 sq ft)
TOTAL
136.52 sq m(1471 sq ft)
USE
The property is suitable for retail use. It may also be suitable for other uses, subject to planning consent being obtained if required.
TENURE
The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed.
RENT
The property is available to let a rent of £12,500 per annum exclusive of business rates and payable quarterly in advance.
The property is registered for VAT and therefore VAT will be payable on the rent.
BUSINESS RATES
The property is currently assessed for Business Rates as part of a larger assessment including the adjoining building. The property will need to be reassessed for Business Rates on occupation. It is envisaged that the building may qualify for small business rates relief.
Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.
LEGAL COSTS
Each party is to bear their own legal costs.
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