Location
The property is located in the heart of this very popular market town approximately 15 miles due west of Newcastle upon Tyne.
The town is characterised by stone architecture, cobbled streets and historic buildings. If you combine this with a blend of boutiques, high street favourites and regular outdoor markets then you can see why this is a popular destination. There are also coffee shops and award-winning restaurants and the town boasts its own racecourse, theatre, cinema, golf courses and leisure centre.
The property itself forms part of a terrace looking directly onto the Market Place with Hexham Abbey to the west and the Moot Hall to the east. This is a busy thoroughfare and there is a market every Tuesday plus a Farmers market every 2nd Saturday.
Property:
The property comprises a Grade II, 4 storey stone built late Georgian mid-terrace building with a pitched slate roof over, currently split into 2 retail units. There is planning permission in place to make the upper floors into a residential unit and there are plans available. The rear upper floors could be developed into another unit subject to planning. The current owners have worked hard to retain the character of the building and have also rewired and installed a modern fire alarm.
Ground Floor:
Sales / Stores 676 sq.ft. (62.85 sq.m.)
Staff Toilets
Basement
Storage 298 sq.ft. (27.70 sq.m.)
First Floor
Workshop 680.3 sq.ft. (63.2 sq.m.)
Second Floor
Storage 385 sq.ft. (35.8 sq.m).
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
We are verbally informed that the premises are assessed as follows:
Ground Floor £11,250
Upper Floors £11,250
Tenure
We are verbally informed that the premises are available on a Freehold basis. Interested parties should seek legal confirmation of this.
EPC
Rating D
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.
