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Hexham, 5 – 7 Priestpopple

Rent: £35,000 - £35,000

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 is situated opposite the ex Beales Department Store adjacent to Ladbrokes on the main east/west through route across town. Fore Street, Hexham’s prime retail pitch is also opposite, and retailers close by include Saks, Yorkshire Trading, Waterstones, Iceland, Greggs, M & Co, Seasalt, White Stuff etc.
The property is within the Heritage Action Zone where improvements to the ambience and general street scape are under consideration.

 

ACCOMMODATION
The property is arranged over ground floor only and loading is off the pavement area to the front of the property. The ground floor is a regular rectangular shape and offers one of the largest floorplates currently available in the Town Centre.

Internal Width (max) 11.45 M 37‘ 06“
Built Depth 41.84 M 137’ 03”
Ground Gross Internal Area 429.12 M² 4,619 ft²

LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed and incorporating 5 yearly upward only rent reviews is available.

 

RENT
Offers around £35,000 pax

 

EPC
The property is in the process of refurbishment and alteration.
An EPC will be applied for on completion of the works involved.
This will be available for inspection upon request.

 

BUSINESS RATES
The property has not, as yet, been assessed for rating purposes

 

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 further information, please contact:
BOB FLETCHER
E: bob@atretail.co.uk
M: 07733 529228

Property type: Leisure, Retail

Rateable value: £TBC

Planning use: E

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