The premises are located within the Old Co-op Building on Hawthorn Terrace (B6528) which forms part of Hexham Road. Hawthorn Terrace lies to the north of Walbottle Village and comprises a mix of residential, retail and leisure occupiers.
Road access is good with the A69 and A1 within a 10 minute drive and there is a bus stop directly opposite the main building.
The opportunity is a self-contained single storey former hair salon which closed recently due to the owner’s ill health. The ground floor was configured to provide a main salon and reception area with a small staff room and toilet towards the rear. There are a couple of back wash units left in the unit plus a fitted sink.
The unit is in very good order and would be suitable for a variety of other retail uses, subject to landlord’s consent. There is ample on street parking nearby and a public car park to the rear.
Salon / Retail Area 37 sq.m. (393 sq.ft.).
A new lease is available for a term of years to be agreed. The asking rent is £6,000 per annum and incentives may be available subject to terms. A rent bond of £1,000 will be required.
Mains electricity, water and drainage are connected to the property. There are electric roller shutters on the ground floor windows.
VAT is not applicable.
The premises are assessed as follows:
Rateable Value £2,025
Rates incentives available subject to status.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Rating – TBC