33 Marygate, Berwick upon Tweed, TD15 1AT

33 Marygate, Berwick upon Tweed, TD15 1AT

Asking rent (exc VAT):  £11,000 per year


Quick Summary

Price £11,000 per year
City Berwick upon Tweed
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

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Contact

Berwick Office
01289 304432

Ground floor lock-up shop with modern shop front.
Prime location within the town’s principal retail area.
Flexible lease terms.

Location
No 33 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.

Situation
33 Marygate is situated in an excellent position on the southern side 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 33 is situated between Thomas Cook and the entrance to the established local restaurant, The Royal Garden. Greggs, Costa, Clarks Shoes, Vision Express, Mountain Warehouse, Santander, Sports Direct and M & Co are all within a short distance of the property.

Description
The premises comprise a well-shaped lock-up ground floor shop with a store and WC to the rear.

The premises form part of a larger two storey building built circa 1965 housing M & Co and Thomas Cook with The Royal Garden restaurant above. The premises are of cavity brick construction under pitched interlocking tiled roofs and a rear flat roof. A rear service area is accessed from Eastern Lane car park.

Internally the premises benefit from wood effect laminate flooring and a suspended ceiling with inset fluorescent lights and recessed bulkhead lights.

Areas
The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following areas:

Ground floor:
Retail: 44.41 sq m (478 sq ft)
Store: 9.85 sq m (106 sq ft)
Total NIA: 54.26 sq m (584 sq ft)

Reduced Zone A Area: 39.48 sq m (425 sq ft)

Services
Mains electric, water and drainage.

Designations
The property is not listed, but does lie within the town’s Conservation Area.

Lease
The premises are available to let on flexible terms which are to be negotiated between the Landlord and the Tenant.

Rent
The asking rent is £11,000 plus VAT per annum.

Rateable Value
£12,750.

Tapered Small Business Rates Relief is currently available and a discount of approximately 75% of the rating assessment is potentially available.

EPC
An Energy Performance Certificate has been produced for the unit which rates the property at Level D. A full copy is available to download from the Edwin Thompson Website.

Costs
Each party to be responsible for meeting their own legal costs.

Viewing
Strictly by appointment with the letting agents, Edwin Thompson, Chartered Surveyors.

Tel: 01289 304432
Email: [email protected]

Ground floor lock-up shop with modern shop front.
Prime location within the town’s principal retail area.
Flexible lease terms.

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