Rent: £25,000 - £25,000
SITUATION / DESCRIPTION
The unit occupies a prominent position on the corner of Newgate Street and Manchester Street in Morpeth, and provides space for businesses within Use Class E. There are a number of high quality operators immediately surrounding including; Café Des Amis, Tallantyre Fine Art Gallery, Head Candy.
The property will be handed over in a clean shell specification internally following extensive works.
Arranged over ground, first and second floors, the building provides the approximate usable floor area:
|Ground Floor Sales||121 M²||1,306 ft²|
|First Floor Sales||70 M²||757 ft²|
|Second Floor||80 M²||864 ft²|
A new Full Repairing & Insuring lease for a term to be agreed is available at £25,000 per annum exclusive.
The property has an Energy Performance rating of E 124.
|Estimated Rates Payable||£10,603|
Up to 100% Business Rates Relief Available. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
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.
For enquiries, viewing, and general information, please contact @retail
M: 07713 151 970
Property type: Retail
Rateable value: £21,250
Planning use: E
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