PRIME RETAIL UNIT

87 Marygate, Berwick-upon-Tweed, Northumberland, TD15 1BA

Guide Rent  £25,000 per year


Quick Summary

Price £25,000 per year
City Berwick-upon-Tweed
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

Downloads


Contact

Galashiels Office
01896 751300

General Information
87 Marygate is situated in a prime trading position within the principal retail thoroughfare within Berwick-upon-Tweed town centre.

Berwick-upon-Tweed (population 14.000), is an historic town on the English Scottish Border in north Northumberland. It is situated approximately equi-distant 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 main line east coast railway network providing regular access to Edinburgh and Newcastle-upon-Tweed (approximately 45 minutes) and London (approximately 3 and a half hours).

Berwick-upon-Tweed is regarded as a principal market town serving north Northumberland and the eastern Scottish Borders. As a result, the town effectively has a catchment population of around 42,000.

Modern Berwick-upon-Tweed is an attractive coastal town which offers a range of retail, leisure and banking services. It also benefits from being a significant tourist destination particularly in the summer months when the population is reported to effectively double.

Nearby occupiers include Café Nero, Home Bargains, Boots, O2, Superdrug, Greggs, Burtons, Holland and Barratt, W H Smith, Costa Coffee and Clarks.

Description
A deceptively large shop occupying the ground floor of a mid-terraced two storey plus attic level building. The shop is in good decorative order throughout benefitting from a well shaped open plan sales area to the front with storage, kitchen and WC facilities located to the rear.

Areas
The subjects have been measured in accordance with the RICS Code of Measuring Practice to a net internal area of 173.54 sq m (1,867 sq ft)

Gross Frontage 7.00 sq m (23 ft)

These areas exclude the WC areas.

Services
All mains services are understood to be connected.

Rateable Value
£29,500 effective from 01-Apr-2017.

Planning
Established Use: Class A1 (Retail use).

Energy Performance Certificate
An EPC has been carried out and the rating is ‘E’ (105). A full copy is available from the letting agent.

Lease Terms
Available on flexible terms by way of a new Full Repairing and Insuring lease.

A closing date may be set for offers. Please note that only those parties who formally notify their interest will be informed of the closing date. Interested parties are advised to notify the marketing agents of their interest as soon as possible. The sellers reserve the right to let the property privately and are not bound to accept the highest or indeed any offer.

Rental
On application.

In the normal manner, the in-going tenant will be liable for any stamp duty, registration dues and VAT thereon.

Entry
On the conclusion of legal missives.

VAT
Unless otherwise stated the prices quoted are exclusive of VAT.  Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.

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

Viewing
By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors
E-mail: [email protected]

Prime Retail Position
Deceptively large retail area
Established Use: Retail (A1)
Subject to planning there may also be scope for food and drink use (A3)
Net Internal Area 173.54 sq m (1,867 sq ft)

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