LOCATION
Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road, 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre 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 is well positioned within the heart of Hexham’s town centre on Market Place. There is on street car parking available outside the property.

DESCRIPTION
The property is within a three-storey Grade II Listed building, of stone construction under a slate covered pitched roof. The subject property comprises the ground floor shop and basement. The property benefits from a traditional timber shop front, with return frontage onto Hallstile Bank.

Internally, the property comprises a main retail area to the front and an accessible w.c. To the rear are storage rooms and a small kitchen area and w.c. The retail area has a carpeted floor and suspended ceiling with integral lighting and air conditioning units. The property was previously occupied as a bookmakers, and therefore there is currently an accessible toilet within the retail area and a fixed counter which could be removed if required.

Stairs lead down from the retail area into a basement which provides useful basic storage space.

ACCOMMODATION
We have measured the property as providing the following net internal areas:

Retail area 51.91 sq m (558 sq ft)
Store 20.42 sq m (220 sq ft)
Store 7.70 sq m (83 sq ft)
Kitchen 3.02 sq m (32 sq ft)
w.c.

TOTAL 83.05 sq m (893 sq ft)
Basement (not measured)

OUTGOINGS
We understand the property is entered into the 2023 Rating list with a rateable value of £21,250.

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.

OTHER
USE
The property has most recently been used as a bookmakers. It is anticipated that it could be used for other professional/financial services, or for retail use, subject to all necessary consents including planning consent being obtained.

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 at a rent of £18,500 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.

LOCAL AUTHORITY

Northumberland County Council, County Hall, Morpeth, Northumberland, NE61 2EF.Telephone[use Contact Agent Button].

ENERGY PERFORMANCE CERTIFICATE

The property has an EPC Rating of B-48. A copy of the certificate and recommendation report is available on request.

CODE OF PRACTICE FOR COMMERCIAL LEASES
The code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into a lease should seek advice from professionals or lawyers at an early stage. The code is available through professional institutions and trade associations or through the website,

VIEWING
Strictly by appointment with YoungsRPS

Contact Paul Fairlamb on[use Contact Agent Button].