Offers in region of
£120,000
Retail premises for saleHallgate, Hexham, Northumberland NE46
About this property
Gallery/Studio For Sale
(with planning consent for conversion to flat)
Location
Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east.
The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre. The property also lies within the Hexham conservation area.
The property is well located in the conservation area of Hexham town centre, holding a prominent position on Hallgate, which is a popular route for pedestrians from the Wentworth Car Park to the town centre.
Other occupiers in the vicinity range include office uses, therapy practitioners, art galleries, cafes, bar and music venue.
Description
The property comprises a ground floor shop within a two-storey end terraced building of stone construction under a pitched slate covered roof dating from the early 1800's.
The property currently forms part of a larger artists' studio and gallery. The available property is separately accessed and comprises a hallway, part of the gallery, studio, w.c, kitchenette and store.
The space is well presented with plastered walls and ceilings and surface mounted LED lighting exhibition track lighting and picture hanging system. It also benefits from an attractive single glazed frontage onto Hallgate
Accommodation
We have measured the property as providing the following net internal areas:
Ground Floor
Hallway Leading To:
Front Gallery
21.12 sq m(227 sq ft)
Rear Gallery
9.31 sq m(100 sq ft)
Rear Studio
10.51 sq m(113 sq ft)
Kitchenette
W.C.
Total
40.94 sq m(440 sq ft)
Use
The property has most recently been used as a gallery and artist studio, however it may be suitable for other purposes, such as for use by therapists or as an office, subject to all necessary consents including planning consent being obtained if required
Planning consent was also granted in March 2024 for change of use to a flat with constraints as live/work unit. Further details are available on request.
Tenure
The property is available for sale by way of a new 999 year leasehold interest in the property at a rent of £25 per annum.
Price
The long leasehold interest is available at a price of £120,000.
Business Rates
The whole of the property including the gallery space to be retained by the vendor is currently assessed on a single rating assessment. A new rating assessment will be required in due course. It is envisaged that the rateable value of the property will be below the small business rates threshold and, therefore, it is likely that occupiers may be exempt from paying business rates.
Viewing
Strictly by appointment by sole agents YoungsRPS
Contact Paul Fairlamb.
Legal Costs
Each party is to bear their own legal costs.
Local Authority
Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: All figures quoted above are exclusive of VAT where chargeable.
Energy performance certficiate
The property has an EPC rating of c-69. A copy of the EPC is available on request.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website
(with planning consent for conversion to flat)
Location
Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east.
The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre. The property also lies within the Hexham conservation area.
The property is well located in the conservation area of Hexham town centre, holding a prominent position on Hallgate, which is a popular route for pedestrians from the Wentworth Car Park to the town centre.
Other occupiers in the vicinity range include office uses, therapy practitioners, art galleries, cafes, bar and music venue.
Description
The property comprises a ground floor shop within a two-storey end terraced building of stone construction under a pitched slate covered roof dating from the early 1800's.
The property currently forms part of a larger artists' studio and gallery. The available property is separately accessed and comprises a hallway, part of the gallery, studio, w.c, kitchenette and store.
The space is well presented with plastered walls and ceilings and surface mounted LED lighting exhibition track lighting and picture hanging system. It also benefits from an attractive single glazed frontage onto Hallgate
Accommodation
We have measured the property as providing the following net internal areas:
Ground Floor
Hallway Leading To:
Front Gallery
21.12 sq m(227 sq ft)
Rear Gallery
9.31 sq m(100 sq ft)
Rear Studio
10.51 sq m(113 sq ft)
Kitchenette
W.C.
Total
40.94 sq m(440 sq ft)
Use
The property has most recently been used as a gallery and artist studio, however it may be suitable for other purposes, such as for use by therapists or as an office, subject to all necessary consents including planning consent being obtained if required
Planning consent was also granted in March 2024 for change of use to a flat with constraints as live/work unit. Further details are available on request.
Tenure
The property is available for sale by way of a new 999 year leasehold interest in the property at a rent of £25 per annum.
Price
The long leasehold interest is available at a price of £120,000.
Business Rates
The whole of the property including the gallery space to be retained by the vendor is currently assessed on a single rating assessment. A new rating assessment will be required in due course. It is envisaged that the rateable value of the property will be below the small business rates threshold and, therefore, it is likely that occupiers may be exempt from paying business rates.
Viewing
Strictly by appointment by sole agents YoungsRPS
Contact Paul Fairlamb.
Legal Costs
Each party is to bear their own legal costs.
Local Authority
Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: All figures quoted above are exclusive of VAT where chargeable.
Energy performance certficiate
The property has an EPC rating of c-69. A copy of the EPC is available on request.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website
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