1-3 Sandgate, Berwick upon Tweed - BA5023

1-3 Sandgate, Berwick upon Tweed

Rent in the region of  £12,000 per year


Quick Summary

Price £12,000 per year
City Berwick upon Tweed
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

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Contact

Berwick Office
01289 304432

Striking Town Centre Office
Excellent centre of town location
Spacious and versatile accommodation
Nearby all day public car park
NIA: 2745.55sqft approx.

Location
The property is located in the historic town of Berwick upon Tweed (population 14,000), North Northumberland, which is situated approximately equidistant between Edinburgh to the north and Newcastle upon Tyne to the south (65 miles each way). The town is served by both the A1 trunk road and the mainline east coast railway network giving regular access to Edinburgh and Newcastle upon Tyne (approximately 45 minutes) and London (approximately 3½ hours).

Although not a large town, Berwick thrives as a regional market town and commercial centre with a resultant catchment population of around 42,000.

Modern Berwick is an attractive coastal town which offers a range of retail, leisure and banking services and benefits from being a significant tourist destination, particularly in the summer months.

Situation
More precisely the property is situated at the head of Sandgate, which links Hide Hill with the Elizabethan Walls and the Quay. Sandgate is on the edge of the main administration, commercial and retail centre of the town, the principal area being Marygate and extending down Hide Hill. Sandgate is easily accessible and benefits from ample on street short stay and long stay public carparks nearby.

The immediate area is one of mixed use with a good mix of dwelling houses, flats and commercial units. Nearby commercial occupiers include The Bank of Scotland, Queens Head Hotel, Edwin Thompson, Crumbs takeaway, Mikes Bikes and Lowry’s Café.

Description
In a classical style, this Grade II listed property is part of the former Corn Exchange, and would have been the commercial hub of the town until the early 20th Century.

The building is of solid stone construction with an attractive, red ashlar sandstone façade. Inside and out, many original features have been retained such as stone balustrading, urn finials, bracketed window hoods and cornicing.
Although currently subdivided internally to suit the current occupiers needs, the majority of partitions are non-loadbearing timber stud, thus reconfiguration to suit alternative use is thought to be possible.

At present the accommodation comprises a number of good sized office spaces, reception, IT suite, tea preparation area, WC’s and ancillary areas.

Areas
The property has been measured to provide the following, approximate, Net Internal Area:

Ground Floor: 123.32sq m (1327.40sq ft)
First Floor: 131.75sq m (1418.14sq ft)
Total: 255.07sq m (2745.55sq ft)

Services
The property benefits from mains electric, gas, water and drainage.

Use Classification
The premises are understood to have use classification A2 (financial, professional and other services) as outlined within the Town and Country Planning (Use Classes) Order 1987 and its subsequent amendments.

Rateable Value
The property is entered on the Valuation Roll as;
1-3 Sandgate Offices & Premises
Rateable Value £13,750
Effective 1st April 2010.

Although not finalised, the 2017 draft valuation has indicated a reduction in rateable value to £12,750. In addition, anticipated changes to the Small Business Rates Relief Scheme should see commercial property, with a Rateable between £12,000 and £15,000 receive taper relief. Applicants are recommended to make their own enquiries with the local rating office to confirm the level of business rates payable on the property.

Tenure
Freehold.

EPC
As the property is listed we understand it to be exempt from the Energy Performance regulations.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

VAT and Taxation
All figures quoted are exclusive of VAT and taxation.

Viewing
Please contact the sole marketing agents, Edwin Thompson, Chartered Surveyors.
Tel: 01289 304432
Fax: 01289 302027
Email: [email protected]

Striking Town Centre Office
Excellent centre of town location
Spacious and versatile accommodation
Nearby all day public car park
NIA: 2745.55sqft approx.

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