Ground floor shop and basement in a prominent town centre location on Market
Place. Suitable for retail or financial/professional services use. Rent
£18, 500 per annum
_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 area51. 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.
TOTAL83. 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 .
**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 .

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