22 Marygate, Berwick upon Tweed, TD15 1BN - T53(22)
22 Marygate, Berwick upon Tweed, TD15 1BN
Asking rent (exc VAT): £11,000 per year
|Price||£11,000 per year|
|City||Berwick upon Tweed|
No 22 Marygate occupies a prime retail site within the historic town of Berwick upon Tweed. Berwick is the main commercial centre for north Northumberland and the eastern Borders with a resident population of approximately 14,000. The town 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(T) and the main line East Coast Railway network which provides regular access to Edinburgh and Newcastle (approximately 45 minutes each).
Modern Berwick is an attractive coastal market town which offers a range of retail, leisure and banking services and which is a significant tourist destination, particularly in the summer months.
22 Marygate is situated adjacent to the Town Hall steps towards the lower end of Marygate, the town’s prime retail centre. It lies within easy walking distance of both long stay and street side car parking.
Marygate is a busy, vibrant commercial centre with a range of local and national occupiers. No 22 is situated between a clothes shop and TUI Travel. Greggs, Costa, Clarks Shoes, Vision Express, Mountain Warehouse, Claire’s, Thomas Cook and M & Co are all within a short distance of the property.
No 22 Marygate is a mid terraced, three storeyed property which includes a well shaped lock-up ground floor shop with, to the rear, a utility area and storage space. There is further storage space at both first and second floor levels and a WC facility on the first floor.
Since 1996 the property has been occupied by Thorntons as a specialist chocolate shop. The property is available with vacant possession.
The property is built out of part stone, part brick (externally rendered and painted) with a later cavity block built addition to the rear (also rendered and painted) all under slate and tile covered roofs.
The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following areas:
Retail: 33.67sq m (362.29sq ft)
Net Internal Area: 62.74sq m (675.08sq ft)
Storage: 43.63sq m (469.46sq ft)
Storage: 14.29sq m (153.76sq ft)
Total Net Internal Area: 120.66sq m (1,298.30sq ft)
Reduced Zone A Area: 44.30sq m (476.67sq ft)
Mains electric, water and drainage.
Temperature control system to ground floor.
Security system installed.
The property is not listed, but does lie within the town’s Conservation Area.
The premises are available to let on flexible terms which are to be negotiated between the Landlord and the Tenant.
The asking rent is £11,000 plus VAT per annum.
Tapered Small Business Rates Relief is currently available and a discount of approximately 58% of the rating assessment is potentially available.
An Energy Performance Certificate has been produced for the unit which rates the property at Level E. A full copy is available to download from the Edwin Thompson Website.
Each side to be responsible for meeting their own legal costs.
Strictly by appointment with the letting agents, Edwin Thompson, Chartered Surveyors.
Well shaped front shop with good window frontage.
Prime location within the town’s principal retail area.
Traded as Thorntons chocolate shop since 1996 — vacant possession available on completion of lease.
Flexible lease terms.