Hexham, 4 Priestpopple

Rent: £36,550 - £36,550

Region: Northumberland

Town/City: Hexham

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
E: pete@atretail.co.uk
M: 07713 151970