High Street, Rothbury, Morpeth, Northumberland, NE65

LOCATION

Rothbury is a popular market town situated in the heart of the Northumberland National Park, approximately 26 miles north of Newcastle upon Tyne. The A697 provides access to the nearby towns of Alnwick and Morpeth and also links with the A1 trunk road approximately 8 miles to the east. Rothbury enjoys a mix of local trade from both the residents of Rothbury, as well as the surrounding villages, but also benefits from tourist trade from those visiting nearby Cragside (National Trust), Coquet Valley and the National Park. Other occupiers in the town include Co-Op, Boots, RSPCA and a range of other predominantly local traders.

DESCRIPTION

The property comprises a prominent three-storey terraced building of traditional stone construction beneath a pitched slate roof. The upper floors are accessed via a separate, independent entrance and are not included within the property. The available accommodation comprises the ground floor, formerly occupied by Lloyds Bank, which has recently been stripped out and refurbished to provide a versatile open-plan space. The premises are accessed via attractive wooden double doors leading into a spacious main sales area, benefiting from impressive ceiling heights of approximately 3.46m, new lighting, and excellent natural light via large windows fronting the high street. The space retains a number of character features, including ornate cornicing, in keeping with the building's Grade II Listed status. Off the main area is a secondary room suitable for a variety of uses such as an office, treatment room or private dining area (subject to planning). To the rear, a corridor (truncated)

ACCOMMODATION

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

Ground floor

Retail area

51.40 sq m(553 ft)

Front side room

14.29 sq m(154 sq ft)

Kitchen

7.92 sq m(85 sq ft)

Rear office/store

5.03 sq m (54 sq ft)

Walk-in safe

11.72 sq m (126 sq ft)

TOTAL

90.36 sq m(972 sq ft)

USE

The property is suitable for retail use and has previously operated as a Lloyds Bank. It may also be suitable for other commercial uses, subject to planning consent being obtained, if required.

LEASE TERMS

The accommodation is available to let on a new internal repairing lease, for a term of years to be agreed.

RENT

The property is available at a rent of £15,500 per annum exclusive of business rates.

VAT

The property is not registered for VAT therefore VAT is not payable on the rent.

BUSINESS RATES

The ground floor shop is entered into the Rating list as follows:

Description:

Bank & Premises

Rateable Value:

£10,750 It is likely that most occupiers may benefit from small business rates relief if this is their only commercial premises, and therefore it is unlikely that business rates will be payable. However, interested parties should make enquiries direct with the Local Authority to establish the current business rates payable.

VIEWING

Strictly by appointment by sole agents youngsRPS. Contact Stephanie Dixon Tel:

LEGAL COSTS

Each party is to bear their own legal costs.

LOCAL AUTHORITY

Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: ENERGY PERFORMANCE CERTIFICATE The property is currently being assessed for its EPC Rating. A copy of the Energy Performance Certificate and Recommendation Report will be 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.