Retail premises for sale in 28-28A Fore Street, Hexham, Northumberland NE46, £340,000

340,000.00

Offer Nr.:
61951586
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Graham S Hall Chartered Surveyors
Phone(s):
0191 392 0630

* Attractive Three Storey Period Property in Affluent Market Town
* Planning Permission Granted in to Redevelop the Upper Floors into 4 apartments
* Parking for 2no. Vehicles
* Located within the Towns Prime Shopping Area with High Footfall
* Surrounding Retailers Include: Iceland, Specsavers, Seasalt Cornwall, Boots
* The Property has been Under Local Family Ownership for Many Years
* Freehold Offers Over £340, 000
**Situation**
Hexham is an affluent and 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 on the prime retail street within the town
centre, with nearby occupiers including Iceland, Specsavers, Seasalt Cornwall,
Boots, WHSmith, Caffe Nero, Costa & Waterstones.
**Description**
The subject property comprises a mid - terraced, three storey unit of brick and
stone wall construction under a pitched slate roof which has been extended to
the rear with a two - storey brick and stone wall extension with a slate roof.
The building is split into two self - contained units. The ground floor shop
unit having a modern timber plate glass shop front and rear access, which has
recently undergone refurbishment and is fitted with carpets to floors and
suspended ceilings with integral lighting.
The upper floors are one self - contained unit accessed by a larger than normal
double width staircase off Fore Street. There are period features throughout
including recently decorated sash windows and the interior is well fitted with
a good standard of decoration to plastered walls and ceilings. There are
several wide openings in existing walls to open - up the space at first floor
making the traditional smaller rooms more inviting for the current showroom
use.
Externally there is a yard to the rear suitable for loading or parking two
vehicles, accessed over land of the former Robbs Department store where
redevelopment into individual retail units is proposed.
**Accommodation**
Ground Floor Retail - 71. 10 sq m (765 sq ft)
First Floor Showroom - 97. 08 sq m (1, 045 sq ft)
Second Floor Storage - 74. 97 sq m (807 sq ft)
Total - 243. 13 sq m (2, 617 sq ft)
**Rating assessment**
We understand that the premises have rateable values of £21, 500 (gf) effective
from 01st April 2017. and £11, 500 (ff & sf) effective from 29th August 2018. It
is however, recommended that any interested party confirm the accuracy of this
information and the rates payable with the Local Authority.
**Energy performance**
No. 28 - EPC Rating D 92
No. 28A - EPC Rating E 108
**Planning**
Full planning permission was granted in May 2022 to convert the first and
second floors from office / retail use into 4no. C3 apartments (1no. 2 bed &
3no. 1 bed) with a new external metal stair to rear and the insertion of a new
door onto landing.
Further information can be gained by accessing the planning section of the
Northumberland County Council website at Application No: 21/03931/ful.
**Tenure**
Freehold.
**Proposal**
We are seeking offers in excess of £340, 000 for the benefit of our clients
Freehold Interest.
**VAT**
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Graham S Hall upon this basis and where silent,
offers will be deemed net of VAT.
**Legal costs**
Each party to be responsible for their own costs incurred in this transaction.
**Anti - money laundering regulations**
In accordance with anti - money laundering regulations, two forms of
identification and confirmation of the source of funding will be required from
the purchaser / tenant.

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