The property is built over ground, first and second floors. The ground floor comprises a main sales area, customer toilets, staff accommodation and storage space. The upper floors provide additional storage. Tenure The premises are available by way of an assignment of the existing lease expiring 04/11/2028, with break options on 04/11/2020 and 04/11/2023. Rent The current passing rent is £17,750, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £ and the rates payable are £9,942.75 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Hexham is an affluent market town in Northumberland, located approximately 25 miles to the west of Newcastle upon Tyne. The town is bypassed to the north by the A69 which connects Newcastle with Carlisle to the west. Hexham is a popular tourist destination with people visiting the town's Abbey and the nearby Hadrian's Wall. The town benefits from a strong retail offering with national retailers including Costa, Fat Face, Waterstone's and M&Co. National retailers in the immediate vicinity include HSBC and Greggs.