Location
The premises are located on Bridge Street, in the heart of this bustling and popular Northumberland market town. Morpeth is situated circa 15 miles due north of the Newcastle upon Tyne.
There is direct and straightforward access directly from the A1 and a mainline railway station that provides daily services to both London and Edinburgh. The town has a growing local population attracted by new housing developments on the outskirts.
Description
The premises comprise a self-contained three storey mid terraced building of traditional brick construction with a pitched slate roof over. The configuration allows for both retail and office use and there is a kitchen and separate toilets installed. The unit could be suitable for other uses, subject to landlord’s consent and planning.
Accommodation
Ground Floor
Retail (front) 47 sq.m. (505 sq.ft.)
Retail (rear) 17 sq.m. (185 sq.ft.)
First Floor
Office / Retail 56 sq.m. (600 sq.ft.)
Kitchen / Staff 13 sq.m. (140 sq.ft.)
2x W.C.'s
Second Floor
Office / Retail 43 sq.m. (465 sq.ft.)
External
Private Parking Direct access from rear of the building. Number of spaces to be agreed.
Services
Gas central heating is installed, an alarm system and security door providing rear access.
Business Rates
The premises are assessed as follows:
Description Rateable Value
Shop & Premises £22,000
Terms
The premises are available on a new FRI lease for a term of years to be agreed. The asking rent is £28,000 per annum plus a service charge when required. Full terms and conditions to be agreed.
Legal Costs
The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the preparation of the new lease.
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.
