Property
UNITS 2B, 3C & 3D GRANGEMOOR ROAD WIDDRINGTON STATION, WIDDRINGTON STATION, MORPETH, NE61 5BJ
Ground floor retail unit last used as a bar and restaurant.
LOCATION
Widdrington Station is a large village located in east Northumberland, 23 miles (37 km) to the north of Newcastle upon Tyne, 7 miles (11 km) to the north of Morpeth and 16 miles (26 km) to the south of Alnwick. Amble is 7 miles to the north and Ashington is 6 miles to the south. Widdrington Station is on the A1068 Northumberland Coastal route, which links Ashington with Alnwick. The A1 is approximately 4 miles to the east and accessed via the B1337.
Widdrington Station has a population of 2,300 and is situated within an expanding area of Northumberland, with 145 new homes under construction and plans for further development of 140 units.
The property is in a prominent location fronting the main road through Widdrington Station and is the main retail centre in the village. The property is within easy walking distance of nearby housing, a health centre and the railway station.
ACCOMMODATION
The property includes the following gross internal areas:
| Area 1 | 1,079.73 sq ft |
| Area 2 | 571.56 sq ft |
| Total | 1,651.29 sq ft |
TERMS
The premises are available via a new effective full repairing and insuring lease on terms to be agreed at a rental of £12,000 per annum.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| £ | |
| 2023 | 16,250 |
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 B(39).
VAT
All figures are exclusive of VAT where chargeable.
