Property
81 CASTLEGATE BERWICK UPON TWEED, TD15 1LF
The property is situated on Castlegate which runs north to west on the outer edge of Berwick town centre. The property is situated on the south side of the street, nearby to the junction with Railway Street. Castlegate forms part of the A1167, the main traffic route through the town centre.
The property compromises a mid terrace ground floor retail accommodation to be used as a shop with partial window frontage. The property has the benefit of a sales area with WC and a staff area/storage area.
LOCATION
Berwick upon Tweed is situated approximately 65 miles north of Newcastle upon Tyne, 60 miles east of Edinburgh and 30 miles north of Alnwick. Berwick upon Tweed has a population of 13,170 according to 2021 Census estimates.
Berwick upon Tweed benefits from good road and rail links, situated on the eastern side of the A1 and on the East Coast Mainline, which comprise the main road and rail links between Newcastle upon Tyne and Edinburgh.
ACCOMMODATION
The property includes the following net internal areas:
| Name | M² | Ft² |
| NIA | 33 | 358 |
| ITZA Zone A | 21 | 221 |
| Total | 33 | 358 |
TERMS
The property is available at an asking price of £60,000.
TENURE
The property is held freehold under title number ND156416.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| Rateable Value | £ |
| Shop and premises | 3,650 |
The Small Business Rate for the year 2022/2023 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 purchaser.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
ENERGY PERFORMANCE
The property does not currently contain an EPC but will be obtained prior to sale.
VAT
All figures are exclusive of VAT where chargeable.
