Retail Property (high street) for sale

Westgate, Haltwhistle, Northumberland, NE49 9AF

Under Offer £160,000
543 sq. ft.

Property Description

Commercial information

  • 543 sq ft (50 sq m)
  • Use class orders: A1 Shops

Key features

  • Investment Opportunity
  • Stone Built Property
  • Two Ground Floor Shops - Currently Let
  • Extensive Three Bedroom Flat
  • Potential Rental Income 14,340 pa
  • Good Main Street Location

Full description

Tenure: Freehold

The subject is an extensive two storey end of terrace stone built property with ground floor retail and first floor residential accommodation. The larger ground floor retail aspect is let to 'Save The Children', with a separate retail aspect with separate access let to a salon, generating a total income of 8,400PA. We await copies of lease. To the first floor there is an extensive three (double) bedroom accommodation with lounge, kitchen, bathroom and unique external roof terrace overlooking the rear enclosed gardens.


Location 
The subject is located within the centre of Westgate, forming part of Haltwhistle Town Centre with a number of high street retailers and banks. Haltwhistle is a small historical semi-rural town situated just off the A69, with Hexham 16 miles to the east and Carlisle 23 miles to the west. The area is provided with a reasonable level of services and facilities and given access to a wider range of services by the A69.

Commercial Accommodation 
GROUND FLOOR RETAIL UNITS Save The Children: 39.95sqm Salon: 10.54sqm NIA 50.49sqm (543sqft)

Residential Accommodation 
Access provided from the rear to a ground floor plumbed utility area. Staircase leading to first floor. Kitchen (4.5m x 3.9m): fully fitted with a range of base and wall hung units, electric oven, gas hob, fridge/freezer, sink and drainer, spot lighting and lino flooring throughout. There is a double doorway leading to a unique and attractive external roof terrace with decking overlooking the gardens. Lounge (4.4m x 5.8m): carpeted, feature open fire and double glazed window to frontage. Bedroom one (4.3m x 3.3m): carpeted, feature open fire and double glazed window to frontage. Bedroom two (3.7m x 4.3m): carpeted, double glazed window to frontage and built in wardrobes. Bedroom three (2.9m x 3.8m): carpeted, double glazed window to the rear. Bathroom: tiled and fitted with corner bath tub, corner shower cubicle, W.C., wash hand basin, window to rear. Storage cupboard: large walk in storage cupboard on landing. Cellar: underground cellar providing ample dry ...

External 
The property benefits from a delightful first floor level roof terrace with decking overlooking the enclosed rear gardens. The part lawn part paved gardens are manageable and well maintained. There is a large outhouse providing ideal large storage area. In addition, there are also two designated rear car parking spaces specific to this property, one for the residential and one for the retail premises.

Lease Details 
The larger retail unit is let to 'Save The Children' on a 10 year lease commencing 2012 at 4,800PA. The smaller retail unit is let to 'The Salon' for 3,600PA. Rolling tenancy, potentially looking to sign up for a lease. The first floor accommodation is currently occupied by the vendor who is looking for a sale and lease back and open to negotiate new terms. The total rental income is currently 8,400PA, but could be increased to 14,340 once new terms have been agreed on the living accommodation.

Tenure 
Freehold. Title number ND82284.

Rateable Value 
The adopted rateable value for Save The Children is 4,500, and for D&G Newsagents is 3,900, as of 1st April 2017. Sourced from VOA.

EPC 
We currently await copies of the Energy Performance Certificates.

Additional Information 
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Nearest stations

  • Haltwhistle (0.2 mi)
  • Bardon Mill (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Haltwhistle (0.2 mi)
  • Bardon Mill (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 317727. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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