Rent: £12,500 - £12,500
The unit occupies a prime position on pedestrianised Fore Street, the principal shopping location within Hexham town centre. The premises adjoin Caffé Nero and other retailers in the immediate vicinity include Beales Department Store, WH Smith, White Stuff, Waterstones, Clinton Cards and Specsavers as indicated on the attached Goad Extract.
The accommodation is arranged on ground floor only and offers the following floor areas and dimensions:-
|Gross Frontage||8 ft 3”||2.5 m|
|Internal Width||7 ft 8”||2.3 m|
|Shop Depth||19 ft 5”||5.9 m|
|Ground Floor Area||149 sq ft||13.8 sq m|
The property is being offered on the basis of a new lease for a term to be agreed on effectively full repairing and insuring terms at an initial rent of £12,500 per annum exclusive.
We are verbally advised that the premises are assessed as follows:-
|Rateable Payable 2019/20||£3,401|
Interested parties are advised to make their own enquiries with the Local Rating Authority for verification of the above. Businesses may be entitled to small business rates relief at this property, subject to eligibility.
ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Asset Rating for the property is available upon request.
Each party will bear their respective legal costs incurred in connection with this transaction.
All figures quoted in these terms are exclusive of VAT where chargeable. We are informed VAT is not chargeable on the rent.
By prior appointment through sole agents @retail, contact:
DD: 0191 2804235
Mob: 07960 466211
DD: 0191 2690138
Mob: 07997 284934
Property type: Retail
Rateable value: £6,900
Planning use: A1
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