Retail premises to let

Market Place, Hexham, Northumberland NE46

18th Century Grade II Listed three-storey retail property located in prominent town centre location. Rent £24,000 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, boasting a prominent position on the northern side of the Market Place, close to Hexham Abbey.
The Market Place is a strong retailing area of the town centre, lying at the northern end of the pedestrianised Fore Street. Nearby national retailers include Boots, Greggs, Costa and Mountain Warehouse. The traditional market trades every Tuesday with Hexham Farmers' Market taking place every second and fourth Saturday of the month. There is limited on street parking available nearby.

Description

The property comprises a Grade II Listed building, dating from the 18th Century. The building is of rendered brick and stone construction incorporating timber framed traditional sash windows, under a pitched slate covered roof.
Internally the property provides retail accommodation to the ground floor with a full width glazed shop frontage. To the first floor there is storage accommodation and to the second floor an office, staff W.C and staff room.
Additional access to the property can be gained to the rear, off Pudding Row, where a small car parking space is provided.
The retail area is fitted out in the style of the previous tenant, with timber clad walls and painted plaster ceilings incorporating LED spotlighting on fitted tracks. To the upper floors, there are exposed timber floors, painted plaster walls and fluorescent strip lighting. The staff accommodation provides a WC with wash basin, and a kitchenette with sink and drainer unit.

Accommodation

We have measured the property as providing the following net internal areas:
Gross Frontage 9.01 m (29 ft 6ins)
Net Internal Width 7.10 m (23 ft 3 ins)
Shop Depth 10.92 m (35 ft 10 ins)

Ground Floor Sales 79.94 sq m (860 sq ft)
First Floor 76.40 sq m (822 sq ft)
Second Floor 63.96 sq m (688 sq ft)

Total 220.30 sq m (2,371sq. Ft)

Use

The property has most recently been in retail use. The property may be suitable for a variety of uses, subject to planning permission.

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, with the rent subject to upward only review.

Rent

£24,000 per annum payable quarterly in advance.
The property is not registered for VAT and therefore VAT will not be payable on the rent.

Rateable Value

We understand the property is entered into the Rating list with a rateable value of £21,000.
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.

Viewing

Strictly by appointment by sole agents YoungsRPS. Contact Chris Pattison or Paul Fairlamb Tel:

Local Authority

Northumberland County Council, County Hall, Morpeth, Northumberland, NE61 2EF. Telephone .
Energy performance certificate

The property has an EPC Rating of e-116.
A copy of the EPC Certificate and Recommendation Report is available on request.