Office to let in Burn Lane, Hexham NE46

Location

Hexham is a thriving market town in the Tyne Valley situated 22 miles west of Newcastle upon Tyne and 38 miles west of Carlisle. Easily accessed from the A69, Hexham has a population of 11,000 serving a wide rural catchment with an estimated 59,000 within Tynedale District. Hexham benefits from a railway station on the Tyne Valley line which connects Newcastle to Carlisle (both of which are on main line routes).

Situation

The Mill is situated on Hexham Business Park, Burn Lane. The property is easily accessible with the A69 junction and Hexham town centre less than half a mile away in either direction. The Business Park is home to a number of professional service occupiers whilst there is also a number of supermarkets as well as hotel accommodation within walking distance.

Description

The property compromises a unique detached, stone built three storey office building under a pitched tiled roof. Internally the property provides a variety of different office suites as well as a managers office, meeting rooms, boardroom. There is also a staff breakout area/kitchen, reception/waiting area along with male, female and disabled W/C facilities.
The property benefits from 8 allocated car parking spaces as well as additional visitor spaces on the estate.

Accommodation

The property provides the following net internal area
Name M² Ft²
Ground Floor 73.80 794
First Floor 80.94 871
Second Floor 55.88 602
Total 210.62 2,267

Rating assessment

The rating valuable of the property appearing on the Valuation Office Agency website as of April 2023 is as follows:
Rateable Value £
The Mill £20,000

The Small Business Rate for the year 2023/2024 is 49.9 pence in the pound.

Terms

The property is available via way of a new full repairing and insuring lease at £25,000 per annum exclusive. All other terms by way of negotiation.
Alternatively our client would consider a sale of their 999 year long-leasehold from 2004. Price upon application

Anti-money laundering

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 / purchaser.

Legal costs

Each party to bear their own legal costs incurred in the transaction.

Energy performance

A new energy performance certificate has been commissioned and will be made available as soon as possible.

VAT

All figures are quoted exclusive of VAT where payable.