Unit 2, Sanderson Arcade, Morpeth, Northumberland, NE61
£30.27 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
925-2,000 sq ft
86-186 sq m
- SECTOR
Shop to lease
- USE CLASSUse class orders: A1 Shops and Class E
A1, E
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
Key features
- Double fronted retail unit
- Prominent position within the Arcade
- From 925 sq.ft.
- Suitable for a variety of uses
- Available now
- High footfall location
- Actively managed centre
- EPC: B(37)
- Potential to split
Description
The property comprises a prime double fronted retail unit located within the heart of Sanderson Arcade. The unit provides excellent retail space suitable for a variety of uses and holds a prominent position in the Arcade opposite the bus station, a popular spot with high footfall. Available as a whole or can split into two retail units.
LOCATION
Sanderson Arcade is located within Morpeth, an affluent market town 15 miles of Newcastle. The shopping centre, a modern mixed use development is home to major retailers and also provides local businesses with high quality first floor office space.
The scheme offers a variety of places to eat and drink, some notable businesses include Central Bean, Bar Luga & Morpeth Lader and Martino Lounge.
After a bite to eat, shoppers can browse through our major retailers including Fat Face, Jojo Maman Bebe, Phase Eight, Mountain Warehouse, Waterstones, Mint Velvet, Seasalt, Crew Clothing and Hobbs. Oliver Bonas, The White Company and The Works will all be opening in May/June 2024.
Our scheme is also home to Snap Fitness, the 24hr 1st floor gym which allows its' members to get their sweat on day or night, a real selling point of Sanderson Arcade.
The town provides its' residents and visitors with many pubs and restaurants, two major supermarkets and a brand new state of the art leisure centre.
Morpeth also provides excellent transport links with bus and train services to Newcastle and neighbouring towns and is a few minutes from the A1 Motorway.
ACCOMMODATION
Total - 925 - 2,000 sq.ft.
SERVICES
Electric, water & mains drainage. CCTV cameras are positioned throughout the centre.
LEASE TERMS
The property is offered for a term to be negotiated on a full repairing and insuring basis at a rental from £28,000 per annum, exclusive of Service Charge, Building Insurance, Rates & VAT.
BUSINESS RATES
Unit 2
Rateable Value: £63,000
EPC
The property has an EPC rating of B (37)
LEGAL COSTS
Each party is to bear their own legal costs in the transaction.
Brochures
Unit 2, Sanderson Arcade, Morpeth, Northumberland, NE61
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Morpeth Station0.5 miles
- Pegswood Station1.9 miles
About DRANSFIELD PROPERTIES LIMITED, Dransfield Properties
Dransfield House 2, Fox Valley Way, Langsett, Stocksbridge, S36 2ABNotes
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