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Hexham, 1 Cattle Market

Rent: £20,000 - £20,000

Region: Northumberland

Town/City: Hexham


Hexham is an affluent market town situated approximately 23 miles west of Newcastle upon Tyne.  An attractive historic market town with a strong architectural heritage, attractive market square and period buildings; Hexham has a strong retail core with a good mix of multiple and independent retailers including White Stuff, Waterstones, EWM, Fat Face, Mountain Warehouse and Caffe Nero.  Marks and Spencer, Tesco Extra, Next, Waitrose and Aldi are all represented in edge of town positions.  The town draws from a widespread rural catchment and Tynedale extends to approximately 35,000 people.

 

DESCRIPTION/LOCATION
The property is located on the principal east west route through the town centre and occupies a prominent position at the junction of Cattle Market and Eastgate (the main route south into Hexhamshire) and is opposite the prime pedestrianized shopping street (Fore St). The property comprises an original 3 storey stone and slate building to the principal frontage of Cattle Market, a single storey infill mid section, and a more recent 3 storey building to the rear.  The principal sales area is accessed off Cattle Market and two further areas at a raised level are located to the rear of the property. To comply with Disability legislation these areas are accessed by an electric access platform and ramp together with stairs.  The upper floors to the front of the property were previously used for storage purposes and are accessed off the principal sales area. The upper floors at the rear have been used as a staff room and office at first floor level and storage above.  Servicing is available off Eastgate to the rear of the property.

 

LEASE
The premises are available on a new 10 year Full Repairing and Insuring lease incorporating an upward only rent review at the fifth anniversary.

 

ACCOMMODATION

Gross Frontage 6.56 m 21’ 06”
Net Internal Width 5.98 m 19’ 08”
Shop Depth 17.46 m 57’ 03”
Built Depth 19.10m 62’ 08”
Ground Floor Sales 80.68 m² 868 sq ft
wc accommodation to rear of sales area
Cattle Mkt Uppers
First Floor 34.36 m2 370 sq ft
Second Floor 37.03 m2 399 sq ft
Attic 23.50 m2 253 sq ft
Eastgate Uppers
1F Staff/Office 16.52 m² 178 sq ft
2F Stock 24.73 m² 266 sq ft

RENT
Rental offers invited in the region of £20,000 pa.

 

RATES
We understand from the Government Website that the rating assessment for this property is:

Ratable Value £26,000

Interested parties should verify the accuracy of this information and check rates payable (as this will vary according to circumstances) with the Local Rating Authority (Northumberland County Council).

 

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in connection with any transaction.

 

ENERGY PERFORMANCE CERTIFICATE
An EPC has been commissioned and will be available for inspection upon request.

 

VIEWING
Strictly by appointment with @retail:
Bob Fletcher
0191 280 4238
bob@atretail.co.uk

or
Pete Townsend
0191 280 4239
pete@atretail.co.uk

Property type: Retail

Rateable value: £26,000

Planning use: A1

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