Commercial property for sale in Marygate, Berwick-Upon-Tweed TD15, £225,000

225,000.00

Offer Nr.:
65811137
Type of ad:
for Sale
Property type:
Commercial property
Bathrooms:
2
Contact name:
Edwin Thompson
Phone(s):
01896 318948

* Freehold
* Modern Well Presented Retail Premises
* Well suited to retail, café, professional, financial and other services
* Excellent level of footfall and high visibility to passing traffic
* Deceptively large floor area. Extensive storage to first and second floor
* Prominent Window Frontage to Marygate and Golden Square
* Security Shutters
* Net Internal Area 392. 95 sq m (4, 228 sq ft)
**Description
**
Prominent Grade II corner - terraced town centre premises providing deceptively
large retail premises, together with ancillary accommodation to the rear,
first and second floor levels.
The retail area has been refurbished in recent years with external walls
internally lined and boxed out providing a modern bright highly flexible unit.
The retail area is fitted with a suspended ceiling incorporating LG 3/ LG 7
recessed lights and ceiling mounted air conditioning units.
**Accommodation
**
Ground floor: A deep regular shaped retail shop; rear hall with access to
Managers office, stock room; rear lobby with stairs to first floor level and
fire escape.
First floor: Landing, stock room; Kitchen/ staff room; ladies and gents WC
each with lobby with wash hand basin and separate cubicle fitted with low
flush unit, north landing, two further stock rooms; fire escapes to south.
Second floor: Landing, Three further stock rooms.
The accommodation on the upper floor levels may offer scope for residential
development.
**Construction
**
91 - 95 Marygate is of traditional construction with rendered finish under
pitched roof clad in slate to the Marygate and Golden Square elevations. There
is a two storey infill section to the rear presumed of brick/ blockwork
construction which has a flat roof with synthetic membrane finish. Rainwater
goods are predominantly of cast iron specification.
**Location
**
The subjects are situated in the heart of Berwick - upon - Tweed town centre.
Berwick - upon - Tweed (population approximately 11, 671, catchment area 42, 000) is
situated approximately equi - distant between Edinburgh to the north and
Newcastle - upon - Tyne to the south (65 miles each way). The settlement is served
by the A1 trunk road and the mainline East Coast railway network. The railway
provides regular services to Edinburgh and Newcastle - upon - Tyne (approximately
45 minutes) and London (approximately 3 and a half hours). There are also
airports at Edinburgh and Newcastle - upon - Tyne providing domestic and
international scheduled flights.
Berwick benefits from an active commercial harbour. The port can take vessels
up to 160m in lengths and draughts up to 4. 5m.
Although a small - town Berwick - upon - Tweed is regarded as the principal market
town serving north Northumberland and the east of the Scottish Borders. It
offers a full range of retail, leisure and banking facilities.
The town has an influx of seasonal tourism visitors. It is said that the
population doubles during the summer season.
**Areas
**
The subjects have been measured in accordance with the RICS Code of Measuring
Practice to the following approximate areas:
_
NIA_ \ - 392. 95 sq m (4, 228 sq ft)
_
Itza_ \ - 105. 64 (1, 137 sq ft)
E & oe Measurements taken using a laser measurement device.
**Rateable value
**
The Rateable Value is assessed to £33, 500 effective from 01 - April - 2023.
Rates Poundage 2023/2024 £0. 49.
**Services
**
Mains electricity, water and drainage.
**Energy performance certificate
tbc
legal costs
**
Each party will be responsible for their own legal costs incurred in
connection with this transaction.
In the normal manner, the in - going tenant will be liable for any stamp duty
land tax, registration dues and VAT thereon.
**Value added tax
**
Any prices are exclusive of VAT. The subjects are mot understood to be elected
to VAT.
**Viewing
**
By appointment with the sole agents.
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP
Tel. Fax. E - mail:
**Important notice
**
Edwin Thompson for themselves and for the Vendor of this property, whose
Agents they are, give notice that:
1\. The particulars are set out as a general outline only for the guidance of
intending purchasers and do not constitute, nor constitute part of, any offer
or contract.
2\. All descriptions, dimensions, plans, reference to condition and necessary
conditions for use and occupation and other details are given in good faith
and are believed to be correct, but any intending purchasers
should not rely on them as statements or representations of fact but must
satisfy themselves by inspection or otherwise as to their correctness.
3\. No person in the employment of Edwin Thompson has any authority to make or
give any representation or warranty whatsoever in relation to this property or
these particulars, nor to enter into any contract relating to the property on
behalf of the Agents, nor into any contract on behalf of the Vendor.
4\. No responsibility can be accepted for loss or expense incurred in viewing
the property or in any other way in the event of the property being sold or
withdrawn.
5\. Edwin Thompson is the generic trading name for Edwin Thompson Property
Services Limited, a Limited Company registered in England and Wales
(no. 07428207)
Registered office: 28 St John's Street, Keswick, Cumbria, CA12 5AF

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