Property
36A FRONT STREET HEXHAM, NORTHUMBERLAND, NE46 1LZ
The property comprises a ground floor retail unit with glazed frontage. WC to the rear.
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 situated in a prime position in the heart of Hexham’s main shopping street with nearby national occupiers including WH Smith, Hays Travel, Clintons Cards, Specsavers, Millets, Iceland & Caffe Nero.
ACCOMMODATION
The property includes the following gross internal areas:
| Name | M² | Ft² |
| Ground Floor | 16.5 | 177 |
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 Valuation List is as follows:
| Rateable Value | £ |
| 36A, Fore Street, Hexham, Northumberland, NE46 1LZ | £6,500 |
The Small Business Rate for the year 2023/2024 is 49.9 pence in the pound.
ANTI-MONEY LAUNDERING
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..
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of D(90).
VAT
All figures are exclusive of VAT where chargeable.
