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Retail Unit

Berwick upon Tweed £15,000 per annum Leasehold (fees apply) REF: NE1852

Location

The business is located on Walkergate which is just off Marygate, the main road running through the town centre. Berwick upon Tweed is the northern most town in England and lies 55 miles south east of Edinburgh and 65 miles north of Newcastle upon Tyne with excellent road access via the A1.

With mainline rail services to London, and the A1 access, the town is becoming a more and more popular address. Bamburgh and the historic Northumberland Coast sits less than 10 miles to the South so it is easy to understand the appeal of this location.

Premises

Comprises a three-storey mid terrace Grade 2 listed property. The retail premises are laid out over the ground and first floor with an office and admin facility on the third floor

There is also attic space that can be used for additional storage.

  Ground Floor

Retail                                    114 m2     1,225 ft2

W.C.

First Floor

Retail                                     90 m2       970 ft2

Second Floor                                  

Office                                     15 m2       160 ft2

Rates

The premises are assessed from April 2023 at;

Rateable Value           £14,250

Rates free incentives subject to status.

Tenure

A new FRI lease will be offered at a rent of £15,000 per annum. The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease. Full terms to be agreed.

EPC

Rating C.

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.

 

 

 

 

 

 

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