The property compromises a detached, stone built two storey office building under a pitched tiled roof. Internally the property provides open-plan office space across two floors, along with meeting rooms, boardroom and staff breakout area/kitchen. The building also provides a reception/waiting area, accessible lift and male, female and disabled W/C facilities.
The property benefits from an excellent car parking provision with 20 allocated car parking spaces as well as additional visitor spaces on the estate.
LOCATION
Hexham is a thriving market town in the Tyne Valley situated 22 miles west of Newcastle upon Tyne and 38 miles west of Carlisle. Easily accessed from the A69, Hexham has a population of 11,000 serving a wide rural catchment with an estimated 59,000 within Tynedale District.
SITUATION
Tanners Burn House is situated on Hexham Business Park, Burn Lane. The property is easily accessible with the A69 junction and Hexham town centre less than half a mile away in either direction. The Business Park is home to a number of professional service occupiers whilst there is also a number of supermarkets as well as hotel accommodation within walking distance.
ACCOMMODATION
The property provides the following net internal areas:
Name | M² | Ft² |
Ground Floor | 182.33 | 1,963 |
First Floor | 172.70 | 1,859 |
Total | 355.03 | 3,822 |
TERMS
The property is available via way of a new full repairing and insuring lease at £12.50 per sq ft which reflects £47,775 per annum exclusive. All other terms by way of negotiation.
RATING ASSESSMENT
The rating valuable of the property appearing on the Valuation Office Agency website as of April 2023 is as follows:
Rateable Value | £ |
Tanners Burn House | £40,500 |
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
A new energy performance certificate has been commissioned and will be made available as soon as possible.
VAT
All figures are quoted exclusive of VAT where payable.