Leisure/hospitality to let in Priestpopple, Hexham NE46

Situation
Hexham is an affluent market town and tourist destination situated approximately 23 miles west of Newcastle City Centre. Principal retailers in the town include M&S, Next, Waitrose, Tesco, Aldi and Lidl. The property sits adjacent to the former Beales Department Store opposite Ladbrokes and the newly opened Barnardo’s store on Priestpopple on the main east/west through route across town.

Accommodation
Arranged over ground, basement, mezzanine, first and second floors with Staff WC/Kitchen facilities.

Ground Floor Area
219m2
2,357ft2

Mezzanine Offices
48m2
516ft2

Basement Area
70m2
753ft2

First Floor Area
90m2
964ft2

Second Floor Area
61m2
659ft2

lease
The premises are held by way of a Fri lease for a term expiring 31st July 2026 at a passing rental of £36,550 per annum exclusive.

Terms
Incentives are available to an ingoing occupier subject to status.

EPC
Further details to follow, inspection arranged with EPC Surveyor.

Business rates

Rateable Value
£37,000

2024/2025 ubr
£0.499

Estimated Rates Payable
£18,463

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information, please contact:
Pete Townsend
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