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Retail Property (high street) to rent

5 Narrowgate

£9,500 pa| £792 pcm

Property Description

Key features

  • Prominent retail unit to let
  • Total size 570 sq ft
  • Town centre location
  • Good neighbouring businesses
  • Awaiting EPC rating
  • Rental of 9,500 per annum

Full description

SITUATIONThe property is located in a very prominent position on Narrowgate, situated in the heart of Alnwick. Alnwick is a small market town in north Northumberland situated on the south bank of the River Aln, 32 miles south of Berwick upon Tweed and 34 miles north of Newcastle upon Tyne. Surrounding occupiers of the property include: Thomas Cook, Boots, Co-op, Cancer Research and also other small businesses.DESCRIPTIONThe property comprises of ground floor retail accommodation with a large basement facility & W/C and has a total internal area of 53m2 (570.5 ft2). The property is of stone construction and forms part of a terrace of similar properties with residential accommodation situated on the two floors above.The subject property benefits from a good size shop frontage facing onto Narrowgate. Internally the property boasts an open play layout, with a staircase positioned to the rear of the unit – providing access to the basement facility. The property is fitted to a good standard with no outstanding work to be carried out.The current tenant is Café Rio, who are under lease until 31/08/16. The property will be available from 01/09/16.ACCOMMODATIONGround Floor 27 m2 (290 ft2)Basement 26 m2 (280 ft2)Total 53 m2 (570.5 ft2)TERMSThe property is available by way of a new full repairing and insuring lease at a rental of £9,500 (Nine Thousand Five Hundred Pounds) per annum for a term of years to be agreed. The property will be available from 1st September 2016.RATING ASSESSMENTWe are advise that rates are payable by the tenant and further information of the rates payable is available upon request. This is based on the standard Small Business Rate of 48.0p in the pound. However, interested parties should confirm the current position with the Local Authority.As a new occupier rights of appeal may exist against this assessment.VATAll rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.AGENTS NOTESYou may search our company website for details of all our current instructions.In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.A copy of the Code of Leasing Business Premises: England and Wales can be obtained at or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.

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Property reference 2845. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial.

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