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Hallgate, Hexham, Northumberland, NE46

Offers in Region of
£120,000

£272.73 per sq ft

Business rates & charges may apply

Youngs RPS Limited, Newcastle
SIZE AVAILABLE

440 sq ft

41 sq m

SECTOR

Shop for sale

Description

Gallery/Studio For Sale
(with planning consent for conversion to flat)


LOCATION

Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east. The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre. The property also lies within the Hexham conservation area. The property is well located in the conservation area of Hexham town centre, holding a prominent position on Hallgate, which is a popular route for pedestrians from the Wentworth Car Park to the town centre. Other occupiers in the vicinity range include office uses, therapy practitioners, art galleries, cafes, bar and music venue.

DESCRIPTION

The property comprises a ground floor shop within a two-storey end terraced building of stone construction under a pitched slate covered roof dating from the early 1800's. The property currently forms part of a larger artists' studio and gallery. The available property is separately accessed and comprises a hallway, part of the gallery, studio, w.c, kitchenette and store. The space is well presented with plastered walls and ceilings and surface mounted LED lighting exhibition track lighting and picture hanging system. It also benefits from an attractive single glazed frontage onto Hallgate

ACCOMMODATION

We have measured the property as providing the following net internal areas:

Ground floor

Hallway leading to:

Front Gallery

21.12 sq m(227 sq ft)

Rear Gallery

9.31 sq m(100 sq ft)

Rear Studio

10.51 sq m(113 sq ft)

Kitchenette

W.C.

Total

40.94 sq m(440 sq ft)

USE

The property has most recently been used as a gallery and artist studio, however it may be suitable for other purposes, such as for use by therapists or as an office, subject to all necessary consents including planning consent being obtained if required Planning consent was also granted in March 2024 for change of use to a flat with constraints as live/work unit. Further details are available on request.

TENURE

The property is available for sale by way of a new 999 year leasehold interest in the property at a rent of £25 per annum.

PRICE

The long leasehold interest is available at a price of £120,000.

BUSINESS RATES

The whole of the property including the gallery space to be retained by the vendor is currently assessed on a single rating assessment. A new rating assessment will be required in due course. It is envisaged that the rateable value of the property will be below the small business rates threshold and, therefore, it is likely that occupiers may be exempt from paying business rates.

VIEWING

Strictly by appointment by sole agents YoungsRPS

Contact Paul Fairlamb.

LEGAL COSTS

Each party is to bear their own legal costs.

LOCAL AUTHORITY

Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: All figures quoted above are exclusive of VAT where chargeable. ENERGY PERFORMANCE CERTFICIATE The property has an EPC rating of C-69. A copy of the EPC is available on request. CODE OF PRACTICE FOR COMMERCIAL LEASES The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website

Brochures

Hallgate, Hexham, Northumberland, NE46

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hexham Station0.3 miles
  • Corbridge Station3.3 miles

About Youngs RPS Limited, Newcastle

23 Grey Street, NE1 6EE

We offer commercial property development, management, landlord & tenant, and valuation services. We pride ourselves in being local commercial surveyors and in our knowledge of the local market. Between the team, we have over 125 years of commercial property experience across the North of England. We work with our in-house rural, residential, and planning and development teams to bring you innovative results.

Notes

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Disclaimer - Property reference NEW240042. 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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