Shop to rent

Rooms

LOCATION
Situated in the centre of Hexham, a historic and well-established market town in Northumberland, this property enjoys prime visibility and accessibility. Hexham lies on the A69 Trans-Pennine route, offering direct access to the A1 approximately 20 miles to the east, with Carlisle 38 miles to the west and Newcastle upon Tyne around 23 miles to the east. The property is located in a central position on Fore Street, the main retail area of Hexham town centre. This position benefits from excellent levels of footfall, with surrounding occupiers including TG Jones, Mountain Warehouse, Boots Pharmacy, Superdrug, Costa, Caffé Nero and Greggs. The property lies within the Hexham conservation area.

DESCRIPTION:
The property is a Grade II listed mid-terraced, three-storey building with retail space to the ground floor, and ancillary storage space to the upper two floors. It was previously occupied by Specsavers. The ground floor features a timber famed, single glazed shop front, laminate and tile carpet floor, plastered painted walls and suspended ceiling with integral lighting. It also has air conditioning/heating system. The first floor is fitted to a similar standard with carpeted floors, painted walls and suspended ceilings. The second floor is somewhat more basic in specification.

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

Ground floor retail:
84.36 sq m (908 sq ft)

First floor ancillary:
44.93 sq m (484 sq ft)

Second floor ancillary:
46.40 sq m (499 sq ft)

Total:
175.69 sq m (1891 sq ft)

USE
The property is suitable for retail use and was previously used as an opticians. It may also be suitable for other uses, subject to planning consent being obtained if necessary

TENURE
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 £30,000 per annum, exclusive of business rates, payable quarterly in advance. The property is registered for VAT and therefore VAT will be payable on the rent.

BUSINESS RATES
The property is entered into the Rating List as follows:

Description:
Shop and premises

Rateable value:
£29,000

LEGAL COSTS
Each party is to bear their own legal costs.