High Street Retail Property to Rent, Front Street, Rothbury, NE65 7ST - CBRE Commercial

Overview

TO LET

The demise arranged over ground floor only while the upper floors are used as residential flats under separate occupation. The ground floor comprises a main sales area, meeting room, storage rooms, male and female WC’s and a staff room with kitchen facilities. There is free on street parking to the front of and adjacent to the property providing useful customer parking. Tenure The property is currently held on a lease expiring 26/04/2027 with a tenant only break option on 27/04/2022. Rent The rent passing under the existing lease is £11,700 per annum exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £7,200.00 and the rates payable are £3,456.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Rothbury is a small town on the River Coquet in Northumberland located about 30 miles to the north of Newcastle upon Tyne. The A697runs about 6 miles to the east and provides connections with Edinburgh and to the south via the A1. The property itself is situated on the main retail street within the town. Occupiers in the area include Regatta, Boots, The Co-Op and Lloyds Bank.

Sizes and Measurements

Total Size

1,225sqft

Sales Area

1,225sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,225sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

26/04/2027

Next Lease Break

27/04/2022

Lease type

Assignment

For rent

£11,700/pa

UBR

48p

Rateable Value

£7,200.00

Business Rates

£3,456/pa

Floorplan

PROMAP IMAGE

Photos

PIC

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