Property
14 Market Place, Hexham, NE46 1XQ
The property comprises a terraced retail unit with a kitchenette to the rear.
The property is available to let on full repairing and insuring terms for a term of years to be agreed at an annual rent of £10,000 per annum.
LOCATION
Hexham is a thriving market town situated 22 miles west of Newcastle upon Tyne with a population of 11,000 serving a wide rural catchment with an estimated 59,000 within Tynedale District. The property is well located on the south side of Market Place overlooked by Hexham Abbey and fronting on to the bustling market square. Fore Street, the prime retailing street, is situated 20m to the east.
DESCRIPTION
The property comprises a terraced retail unit with a kitchenette to the rear.
ACCOMMODATION
The property briefly comprises:
Ground floor shop 268 sq ft 24.90 sq m
TERMS
The property is available to let on full repairing and insuring terms for a term of years to be agreed at an annual rent of £10,000 per annum.
RATING ASSESSMENT
The rating assessment currently appearing on the 2017 Valuation List is as follows: –
Shop and premises: £9,400
The Small Business rate for the year 2019/2020 is 49.1 pence in the pound
Due to the Rateable Value being beneath £12,000 we understand that small business relief may be available. All interested parties are urged to make their own enquiries in this regard.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
EPC
The property has an energy performance certificate rating of D (76).
VAT
We are advised that VAT is not applicable.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
VAT
We are advised that VAT is not applicable.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
