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Morpeth, First Floor, Shields Road

Rent: £20,000 - £20,000

Region: Northumberland

Town/City: Morpeth


LOCATION/SITUATION
Morpeth is a prosperous Market Town, acting as the County Town for Northumberland and therefore a central destination for many parts of the County and Tyne & Wear. The premises
are located, in a prominent position on the A192, which acts as the major route into the Town Centre from the South.

The premises have been left as a fitted-out gym/fitness studio but would be suitable for a variety of uses. The site provides dedicated parking for 32 cars, which is shared with the Sainsbury’s Convenience Store.

 

ACCOMMODATION
Arranged over the first floor, with an entrance from the side elevation, providing the following floor areas:

Ground Floor Lobby 34 M² 336 ft²
First Floor 208 M² 2,238 ft²

LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at £20,000 per annum exclusive.

 

EPC
The property has an Energy Performance rating of B 39.

 

BUSINESS RATES

Rateable Value £9,100
2021/2022 UBR £0.499
Estimated Rates Payable £4,540

Up to 100% Business Rates Relief Available.
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 @retail
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210

Property type: Leisure, Retail

Rateable value: £9,100

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