Retail Property (high street) for sale

18a Manchester Street, Morpeth

Sold STC £50,000
409 sq. ft.

Property Description

Commercial information

  • 409 sq ft (37 sq m)

Full description

Tenure: Freehold

LOCATION
Morpeth is a prosperous market town, with a population of around 15,000. It is a popular commuting town for the Tyne & Wear conurbation and south-east Northumberland, and it has a strong rural catchment. Morpeth, which is the county town for Northumberland, is easily accessed from Newcastle upon Tyne 15 miles to the south via the A1 trunk road, and it lies on the main east coast railway line, with commuter trains to Newcastle and direct trains to London and Edinburgh.

Manchester Street is situated in a mixed retail and office area of the town centre, running off Newgate street, the A192, opposite the town´s library and within a short walk of the prime shopping area around Sanderson Arcade and Bridge Street, the town bus station and numerous free car parks serving the town centre. There is some on street parking available on Manchester Street.

DESCRIPTION
The premises comprise a modern, ground floor lockup shop, which was formerly let to Boots as a pharmacy. The shop benefits from a full width aluminium shop front with internal security grilles and fascia above. There is rear service access. The unit is available to let in its current form, ready to be fitted out. There is an open retail area with a store/kitchen and staff w.c. with wash basin at the rear.

ACCOMMODATION
Internal width at frontage 4.65 m (15ft 3")
Widening to 5.11 m (16ft 9")
Shop depth 10.21 m (33ft 6")

Ground Floor
Sales area 33.07 sq m (356 sq ft)
Kitchen/store 4.92 sq m (53 sq ft)
Staff w.c.

TOTAL 37.99 sq m (409 sq ft)

TERMS
This is a rare opportunity to purchase the freehold interest in a town centre shop in Morpeth. Alternatively, the property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed, but incorporating upward only rent reviews to market rent at the end of each 3rd year of the term.

OUTGOINGS
The premises have a rateable value of £4,850. Small business rates relief may be available. Interested parties should check with the Local Authority.

VAT
The property is not registered for VAT and therefore VAT will not be payable on the purchase price or the rent.

LEGAL COSTS
Each party to bear their own legal costs

VIEWING
Strictly by appointment with YoungsRPS incorporating Stanton Mortimer (reference Michael Blake or Paul Fairlamb)


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Morpeth (0.6 mi)
  • Pegswood (1.9 mi)
  • Widdrington (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 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

  • Morpeth (0.6 mi)
  • Pegswood (1.9 mi)
  • Widdrington (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 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 100897005844. 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 Youngs RPS Limited, Newcastle. 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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