Retail premises for sale in 28-28A Fore Street, Hexham, Northumberland NE46
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Attractive Three Storey Period Property in Affluent Market Town
- Planning Permission Granted in to Redevelop the Upper Floors into 4 apartments
- Parking for 2no. Vehicles
- Located within the Towns Prime Shopping Area with High Footfall
- Surrounding Retailers Include: Iceland, Specsavers, Seasalt Cornwall, Boots
- The Property has been Under Local Family Ownership for Many Years
- Freehold Offers Over £340,000
Property description
Situation
Hexham is an affluent and thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road, 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre 23 miles to the east.
The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre.
The property is well positioned on the prime retail street within the town centre, with nearby occupiers including Iceland, Specsavers, Seasalt Cornwall, Boots, WHSmith, Caffe Nero, Costa & Waterstones.
Description
The subject property comprises a mid-terraced, three storey unit of brick and stone wall construction under a pitched slate roof which has been extended to the rear with a two-storey brick and stone wall extension with a slate roof.
The building is split into two self-contained units. The ground floor shop unit having a modern timber plate glass shop front and rear access, which has recently undergone refurbishment and is fitted with carpets to floors and suspended ceilings with integral lighting.
The upper floors are one self-contained unit accessed by a larger than normal double width staircase off Fore Street. There are period features throughout including recently decorated sash windows and the interior is well fitted with a good standard of decoration to plastered walls and ceilings. There are several wide openings in existing walls to open-up the space at first floor making the traditional smaller rooms more inviting for the current showroom use.
Externally there is a yard to the rear suitable for loading or parking two vehicles, accessed over land of the former Robbs Department store where redevelopment into individual retail units is proposed.
Accommodation
Ground Floor Retail - 71.10 sq m (765 sq ft)
First Floor Showroom - 97.08 sq m (1,045 sq ft)
Second Floor Storage - 74.97 sq m (807 sq ft)
Total - 243.13 sq m (2,617 sq ft)
Rating assessment
We understand that the premises have rateable values of £21,500 (gf) effective from 01st April 2017.and £11,500 (ff & sf) effective from 29th August 2018. It is however, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority.
Energy performance
No. 28 - EPC Rating D 92
No. 28A - EPC Rating E 108
Planning
Full planning permission was granted in May 2022 to convert the first and second floors from office / retail use into 4no. C3 apartments (1no. 2 bed & 3no. 1 bed) with a new external metal stair to rear and the insertion of a new door onto landing.
Further information can be gained by accessing the planning section of the Northumberland County Council website at Application No: 21/03931/ful.
Tenure
Freehold.
Proposal
We are seeking offers in excess of £340,000 for the benefit of our clients Freehold Interest.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Legal costs
Each party to be responsible for their own costs incurred in this transaction.
Anti-money laundering regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.