Retail/ Restaurant/ Offices, 45-47 High Street, Wooler, Northumberland, NE71 6BH

45-47 High Street, WOOLER, Northumberland, NE71 6BH

Rental Offers Over  £12,500 per year


Quick Summary

Price £12,500 per year
City Northumberland
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

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Contact

Galashiels Office
01896 751300

General Information
45-47 High Street occupies a central position on the southern side of Wooler High Street.

Wooler is an attractive market town (population circa 2,500) in Northumberland.  It offers a range of local amenities including local shopping and leisure facilities as well as schooling for all school ages.  The A697 provides good road links to the national roads network as well as the rest of the region.

Berwick-upon-Tweed, 16 miles to the north east provides access to the mainline east coast railway network providing regular services to Edinburgh and Newcastle-upon-Tyne, (approximately 45 minutes) and London (3 ½ hours).

Market Place and the High Street form the principal commercial and shopping thoroughfare through the centre of town.

Nearby occupiers include Glendale Paints, TR Johnston Butchers, Ramblers Café, and Breeze Gift shop. There are a number of national concerns including the Co-operative supermarket which recently moved from this property to refurbished premises to the eastern end of the Market Place, Barclays and the Bank of Scotland.

Description
A large terraced retail unit providing accommodation on two floors occupying a prominent position with window frontage to the High Street.

The original part of the building is of traditional stone construction with pitched roof clad in slate. To the rear there are single storey extensions providing additional retail space to the ground floor level. As well as retail based uses the premises are considered to offer significant flexibility for a range of other purposes including offices, restaurant, café, studio, gallery, auction house, treatment rooms, or similar

Accommodation
The accommodation is on two levels comprising:

Ground Floor: Large open plan retail space; loading bay to the front east with roller shutter door to the high street (fitted with goods hoist to first floor level); kitchen/tea preparation area/ store to the east.  A staircase leads to the first floor level.

First Floor: Landing, hallway leading to the main store to the front of the building complete with goods hoist from the loading bay to the front east of the building, five further storage rooms, kitchen, equipment room and 2 wcs (both have been stripped out although plumbing is still in situ).

Areas
The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:

Services
All mains services are understood to be available.

Rateable Value
The current Rateable Value is £14,250.

The 2017 Rates Revaluation will be effective from 01 April 2017.

Energy Performance Certificate
Energy Performance Rating: Band F145

Lease Terms
Available by way of a sub-lease or assignation.

The property is currently held on a 25 year lease from 15 March 1999 on Full Repairing and Insuring Terms.

The current passing rent is £12,500 per annum exclusive of business rates, utility costs, insurance, VAT and all other outgoings. There is an outstanding rent review from January 2014

In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, 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 joint agents.

Edwin Thompson:  01289 304432
E-mail: [email protected]

Carter Towler:  0113 245 1447
[email protected]

Deceptively large retail unit
Delivery bay with goods hoist to first floor
Net Internal Area 532.64 sq m (5,731 sq ft)
Well suited to range of retail based used
May also suit offices, restaurant, café, studio, gallery, auction house, treatment rooms, or similar

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