£10,000 pa
(£25.32/sq. ft. pa)
Retail premises to letNewgate Street, Morpeth (Old Nag’S Head Yard) NE61
395 sq. ft
About this property
First class opportunity to rent refubished unit
Close Bus Station and Sanderson Arcade
Immaculately presented
Recently refurbished lock up shop unit situated on Newgate Street, within the busy thoroughfare of Old Nag's Head Yard which leads directly into Sanderson Arcade.
This busy market town is occupied by many national retailers and smaller individual fashionable retail outlets. Sanderson Arcade shopping centre is to the east as is the central bus station. This is a unit that is ready for immediate occupation and will suit many trades and professions. Adjacent Post Office. With a frontage onto Old Nag's Head Yard is has the advantage of passing footfall through to the bus station and direct access into Sanderson Arcade.Shop Unit
Frontage 5.9m (about 19'3") Depth 6.3m (about 20'6" (37 square metres (about 395 square feet)
Newly plastered walls and ceiling with fitted ceiling spot lighting, hardwood windows and door
Incorporating
Washroom/w.c.
Pedestal wash basin, electric water heating and low level w.c.
Access to Old Nag's Head Yard from Newgate Street
Rent: £10,000 per annum
First year £10,000 per annum, 2nd. Year £11,000 and 3rd year £12,000 pa
Term:
10 years with rent review and tenant only break clause at the end of year 5
Negotiable
Legal Costs:
Each party to bear own legal fees incurred in documenting the lease
Business Rates:
To be assessed.
Interested parties should contact the Local Authority or Valuation Office to confirm information that there is a possibility that zero rates will be applicable due to the re-assessed rateable value.
Viewing:
By appointment through Andrew Lawson Estate Agents
This busy market town is occupied by many national retailers and smaller individual fashionable retail outlets. Sanderson Arcade shopping centre is to the east as is the central bus station. This is a unit that is ready for immediate occupation and will suit many trades and professions. Adjacent Post Office. With a frontage onto Old Nag's Head Yard is has the advantage of passing footfall through to the bus station and direct access into Sanderson Arcade.Shop Unit
Frontage 5.9m (about 19'3") Depth 6.3m (about 20'6" (37 square metres (about 395 square feet)
Newly plastered walls and ceiling with fitted ceiling spot lighting, hardwood windows and door
Incorporating
Washroom/w.c.
Pedestal wash basin, electric water heating and low level w.c.
Access to Old Nag's Head Yard from Newgate Street
Rent: £10,000 per annum
First year £10,000 per annum, 2nd. Year £11,000 and 3rd year £12,000 pa
Term:
10 years with rent review and tenant only break clause at the end of year 5
Negotiable
Legal Costs:
Each party to bear own legal fees incurred in documenting the lease
Business Rates:
To be assessed.
Interested parties should contact the Local Authority or Valuation Office to confirm information that there is a possibility that zero rates will be applicable due to the re-assessed rateable value.
Viewing:
By appointment through Andrew Lawson Estate Agents
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