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Market Street, Hexham

£500,000 (Offers in Excess Of) RefNo: NSSAL99241103

Valuable Freehold Retail Accommodation with Rear Garden
We are delighted to offer to the market this substantial stone built mid terraced
property, in the desirable Northumberland town of Hexham. This is a rare
opportunity to purchase a substantial Freehold property on Market Street in the
town.
Location
The property occupies a prominent position on the north side of Market Street,
Hexham. Hexham is a popular and vibrant market town that serves the surrounding
towns and villages, as well as being a commuter location for Newcastle and Carlisle.
Hexham is located approximately 19 miles to the west of Newcastle upon Tyne with
road access via the A69. Hexham also benefits from bus and rail links to Newcastle
upon Tyne, Carlisle and the surrounding area.
Description
The property is a Grade II Listed mid terraced stone built property under pitched
roofs, the property dates from the 19h Century.
Externally there is a significant garden area, there is a single storey off shoot to the
rear which we suspect any purchaser would demolish which would provide additional
garden space. To the side is a store/garage area that could provide car parking
provision.
Accommodation
The property provides the following approximate Net Internal floor areas:
Ground Floor: 150.55 m2 1,621 ft2
Ground Floor Store 53.46 m2 575 ft2
First Floor: 105.98 m2 1,141 ft2
Second Floor: 85.88 m2 924 ft2
Basement: 38.51 m2 414 ft2
Total 434.38 sq m 4,675 sq ft
The Garden on which the off shoot building is situated on measures
approximately:
17.1metres x 14metres
Rating Assessment:
The property is listed in the 2010 Rating List on the Valuation Office Agency Website
(www.voa.gov.uk):
Shop and Premises - £16,000
Sale:
Our client will consider a disposal of their valuable freehold interest; we invite offers in
excess of £500,000 (Five Hundred Thousand Pounds).
Services:
We understand that the property benefits from three phase electricity and water,
there is a gas pipe leading into the basement of the property, ready for connection,
but at present no gas used. None of the services have been tested and warranted.
Planning:
We understand that the property has consent for its current use. We believe the
property may be suitable for alternative uses including cafe/restaurant/bistro, subject
to the appropriate planning consents.
VAT:
All figures within these terms are exclusive of VAT where chargeable.

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