Commercial Investment / Redevelopment Potential - Main Street, Spittal, Berwick-Upon-Tweed, Northumberland, TD15 1QY

Commercial Investment / Re-Development Potential - Main Street, Spittal, Berwick-Upon-Tweed, Northumberland, TD15 1QY

Guide Price £450,000

Re-Development Opportunity/ Commercial Investment

Building A – General Purpose Industrial Units to the North of Spittal
Residential Re-Development Potential/ Longstanding Tenant in Unit 1
Exceptional Views over the Tweed Estuary
Building B – Former Showroom/ Offices. Attractive symmetrical design
Planning Ref 21/01150/ FUL lodged for conversion to two houses
Total Gross Internal Area 1,174.79 sq m (12,641 sq ft)

Description
Building A: A General Purpose Industrial Building originally constructed as a fish processing unit, together with a single storey extension currently configured as five separate units.

The main building is a nine bay long clear span Atco framed unit with render faced solid header brick walls to outer elevations under an insulated pitched roof clad in corrugated fibre cement incorporating translucent roof lights. The building has a solid floor throughout.

Rainwater goods are predominantly of fibre cement specification.

Internally, the unit has been subdivided with brick dividing walls to form five separate units. Lighting predominantly comprises, suspended florescent units.

Dimensions: Eaves height is c. 4.15m; Ridge height is c. 7.15m; Bay Spacing is c. 4.25m.

The Single Storey flat roofed (low profile) extension is positioned to the West of the original factory unit bounding Dock Road to the West. This unit is built into the banking with slightly lower finished floor level than Dock Road. External walls are of solid header brick construction with pillars supporting an ‘oversized’ steel roof structure finished in corrugated sheeting with a fibre glass external finish. This was designed with potential to accommodate a first-floor extension above. There is a rendered external finish to the Dock Road and courtyard elevations. The unit has a solid floor. The visible rainwater goods are of cast iron specification.

Units 1 and 2 are currently occupied on Licences. The other units have recently been vacated. Further information is available to interested parties following registration and viewing.

Building B: An unique corner terraced building at the Junction of Sandstell Road, Main Street, Princes Street and Dock Road within Spittal.

The building is of solid header brick construction with a rendered external finish and sandstone quoins, with stone facing to the entrance surround and a stone string course to eaves level under a deep pitched roof finished in clay pantiles.

The premises are of symmetrical design with central timber panelled entrance door and entrance hall with angled wings either side facing onto Main Street and Sandstell Road.

Internally the eastern section has been stripped back to shell condition in preparation for Residential Conversion.

The southern end has until recently been occupied as a multi-fuel stove show room with associated offices. Replacement UPVC framed double glazed windows have been provided to much of the roadside elevation. UPVC framed double glazed double doors have been provided off the rear of the entrance hall providing access to an enclosed yard area to the rear.

Planning consent reference 21/01150/FUL has been lodged for Residential Conversion. If implemented the current proposals would provide two houses each configured as follows:

Ground Floor: Entrance hall, Open plan living room with dining area, Kitchen, Bedroom 3 and shower room/ WC.

First floor: Master bedroom with en-suite shower room/WC, bedroom 2, family bathroom/WC

Enclosed courtyard to the Rear.

General Information
A premises occupy a prime position within Spittal to the south of Berwick-Upon-Tweed with exceptional views over the Tweed Estuary.

Spittal is a on a beautiful stretch of Coastline with family-friendly sandy beach, play-park and a splash-park, amusements, café and amenities within the Venetian Pavilion. The Victorian promenade stretches along the sea front, enabling visitors to take in the fresh North Sea air and views the Lighthouse, the Elizabethan Walls, the Tweed Estuatry, Berwick town and beautiful Coastal vistas.

The beach connects onto the Northumberland Coastal Path heading south towards Holy Island and onto The Sandstone Way – a long distance mountain bike route from Berwick to Hexham.

Berwick-upon-Tweed is situated in Northumberland approximately equi-distance between Edinburgh to the north and Newcastle-upon-Tyne to the south (sixty-five miles each way). Whilst a relatively small town with a population of approximately 14,000 it is an important local centre serving a wide rural hinterland in North Northumberland and the eastern Scottish Borders with an approximate catchment area of around 42,000.

It is served by both the A1 trunk road and the main line East Coast Railway Network providing regular access to Edinburgh and Newcastle-upon-Tyne (approximately forty-five minutes each way) and London (approximately three and a half hours each way). There are airports at both Edinburgh and Newcastle-upon-Tyne providing domestic and international scheduled flights.

Berwick-upon-Tweed benefits from an active commercial harbour. The port can currently take vessels up to 90 meters in length with maximum beam height of 16 meters and draughts of up to 4.5 meters. The town has recently started to Welcome passenger cruise ships with the first Island Sky dropping anchor of Spittal Beach on 21 July 2021 and the Spirit of Discovery on 22 July 2021.

Although a small town, Berwick offers a good range of retail and recreational facilities with a £20 million investment ongoing to renew The Swan Fitness and Wellness Centre a short distance west of this site. The population within a ten-mile radius was recorded as 27,323 in 2019. The town benefits from a significant tourism sector with the population reported to approximately double during peak summer season.

Areas / Rateable Values
The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following approximate Gross Internal Area:

Description Occupier Sq m (Sq Ft) Rateable Value
Unit 1: Shunters Ltd 136.49 sq m (1,469 sq ft) RV £3,400
Unit 1b: Vacant 76.21 sq m (820 sq ft) RV To be confirmed
Unit 2: RLM Car Wash 110.77 sq m (1,192 sq ft) RV £2,700
Unit 3: Vacant (former gym) 173.61 sq m (1,868 sq ft) RV £3,350
Unit 3 Mezz: Vacant (former gym) 235.90 sq m (2,538 sq ft) RV None Noted
Unit 4: Vacant 306.81 sq m (3,301 sq ft) RV £5,900
Unit 6: Vacant 135 sq m (1,353 sq ft) RV £3,750
TOTAL: 1,174.79 sq m (12,641sq ft) RV £19,100

E & oe measurements taken with a laser measure.

Development Proposals
Planning Consent Reference 15/03346/FUL was Permitted for the ‘Proposed part demolition of existing buildings, retention and restoration of former listed smokery, development of 13 no residential dwellings, car parking and associated works’ on the subjects and the wider site in September 2017.

Planning application reference 21/01150/Ful has been lodged in relation to the conversion of the former office/ show room building to form two houses. The completed units would each comprise two storey three bedroom houses.
Energy Performance Certificate
Band D

Rateable Value
Individual Rateable Values are detailed within the table on page 3 of these particualrs.

Small Business Rates Relief Scheme (SBRR) currently offers up to 100% rates relief for premises with a rateable value of £12,000 or less based on a combined total of all the occupiers business premises within England and Wales, subject to application and eligibility. This is reviewed annually but is current for the Financial Year.

Tenure
Freehold

This property is sold or let 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 not.

Entry
On the conclusion of legal missives

Legal Costs
Each party will bear their own legal costs incurred in connection with the transaction.

In the normal manner, the purchaser will be liable for any Stamp Duty, registration dues and VAT incurred thereon, where applicable.

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.

Satellite Navigation
For those with the use of Satellite Navigation the postcode for this property is TD15 1QY

Offers
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 completion and payment.

Viewings
Strictly by appointment with the sole agents:

Edwin Thompson LLP, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP

Tel: 01896 751300
Fax: 01896 758883
Email: s.sanderson@edwin-thompson.co.uk/ a.young@edwin-thompson.co.uk

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    Quick Summary

    Price £450,000
    Town/City Spittal, BERWICK-UPON-TWEED, Northumberland, TD15 1QS
    Status New
    Size (Acres)