Office to let in Greys Yard, Morpeth NE61
£12,000 pa (£10.13/sq. ft. pa)
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- Popular town centre location
- Nearby occupiers include Morpeth Leisure Centre & Weatherspoon’s
- Suitable for a variety of uses
- Floor Area: 110.05 sq m (1,185 sq ft)
- Seeking rental offers of £12,000 pa
- Available October 2021
Morpeth is an affluent market town approximately 14 miles north of Newcastle and is Northumberland’s County Town and Administrative Centre with a population of approximately 14,000 and a wider population of 316,000 throughout Northumberland (source: Egi). The property is situated a short walk from Bridge Street and the town centre is accessed from New Market, which links to the roundabout at the intersection of Bridge Street, Newgate Street and Oldgate, very close to Morpeth Clock Tower and hsbc. The Old Stables are immediately next door to The Electrical Wizard (Wetherspoons) and adjacent to Morpeth Riverside Leisure Centre and Car Park.
The property comprises a first floor unit in a two storey brick built building, which has been subdivided into five units. Internally the property benefits from a laminate floor, double glazed uPVC windows and LED box lights. There is a shared kitchen and WC facilities with the adjoining unit. The unit was previously used as a cycle showroom but could be a suitable for a number of different uses subject to the correct permissions.
The property provides a total net internal area of 110.05 sq m (1,185 sq ft)
The premises are available for rental offers in the region of £12,000 per annum on effectively full repairing and insuring terms. All other lease terms are to be agreed by negotiation.
The rating assessment currently appearing on the 2017 Valuation List is as follows: -
Workshop & premises: £8,200
The Small Business rate for the year 2021/2022 is 49.9 pence in the pound. Small business relief may be available subject to eligibility. All interested parties are urged to make their own enquiries in this regard.
Each party to bear their own legal costs incurred in the transaction.
The property has an EPC rating of E.
All figures quoted are exclusive of VAT.
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Johnson Tucker LLP, and do not constitute property particulars. Please contact Johnson Tucker LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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