FOR SALE / MAY LET: West Street, Berwick upon Tweed, Northumberland TD15 1AS

West Street, Berwick upon Tweed, Northumberland TD15 1AS

Offers Over£135,000

The property is located in the historic town of Berwick upon Tweed, North Northumberland,

Berwick-upon-Tweed, is located in Northumberland in the north of England. It has a population of approximately 14,000. The town is situated approximately equi-distant between Edinburgh to the north and Newcastle-upon-Tyne to the south (approximately 65 miles each way).

Berwick is served by the A1 trunk road providing good access to the national roads network and the main line East Coast railway giving regular access to Edinburgh and Newcastle-upon-Tyne (approximately 45 minutes each way) and London (approximately 3 ½ half hours).

Although a relatively small town Berwick is regarded as a principal market town serving North Northumberland and the Eastern Borders (a catchment of around 42,000) offering a full range of retail, leisure and financial services. Berwick is an attractive coastal town which benefits from a significant tourism sector which accommodates an influx of seasonal visitors during the summer months.

‘The Steak House’ is located on West Street, toward the south end on its east side. West Street one way road running south off Marygate at its mid-point, Marygate being the town’s prime shopping street. The immediate locality is in mixed use, typically consisting of commercial units at ground floor with residential flats above.

The property comprises large ground floor premises.

The eastern section is of traditional construction whilst the western section would appear more recent infill development of render faced cavity construction under a pitched roof clad in clay pantiles with slate easing course.

Flexibility for continued bar/ restaurant use. Potential for sub-division to retain a smaller unit to the east with the main dining area split off. The western section may suit office use or residential conversion.

Rateable Value
The Rateable Value is currently assessed to £14,250 effective from 01-Apr-2017.

Under the small business rate relief scheme (SBRR) the premises may be eligible for up to 100% rates relief. Effective from 1 st April 2017 the threshold for 100% rates relief is understood to cover units with a rateable value of up to £12,000.

Mains electricity, water and drainage are presumed to be connected.

Absolute Ownership

This property is sold subject to and with the benefit of all rights of way, whether
public or private, and any existing or proposed wayleaves, servitude rights,
restrictions and burdens of whatever kind, whether referred to in these particulars or

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 selling agents of their interest as soon as possible. The sellers reserve the right to sell privately and are not bound to accept the highest or indeed any offer.

Offers should include: The identity of the purchasers; the price offered; source of
funds; clear details of any conditions attached to the offer; proposed timescale for
conclusion of missives, completion and payment.

Value Added Tax
Any prices 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.

By appointment with the sole agents:

Edwin Thompson, Chartered Surveyors
76 Overhaugh Street

Tel. 01896 751300
Fax. 01896 758883

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    Quick Summary

    Price £135,000
    Town/City Berwick-upon-Tweed
    Size (Acres)