High Street Retail Property to Rent, 3 Cattle Market, , NE46 1NJ - CBRE Commercial

Overview

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 purposes
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Location Description

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.

Sizes and Measurements

Total Size

1,931sqft

Sales Area

886sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

886sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

769sqft

Status

Available

Available from

Immediately

Second Floor

Details

Non-Sales

Size

276sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

04/11/2028

Next Lease Break

04/11/2020

Lease type

Assignment

For rent

£17,750/pa

UBR

49.1p

Business Rates

£9,942.75/pa

Floorplan

HEXHAM 3 CATTLEMARKET

Photos

HEXHAM 3 CATTLEMARKET

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