Retail/Leisure Unit For Sale/To Let in Morpeth, 57 Bridge Street, Morpeth, NE61 1PQ

The subject property comprises a three storey Grade II Listed mid terraced property with ground floor bar/seating area and cellar/potential kitchen and WC facilities to the rear elevation. There is internal access provided to the upper floors that has been utilised as a ‘managers’ flat in the past and more recently as internal storage/office accommodation. There is a small yard to the rear of the cellar which houses the air conditioning units.

The property occupies a prominent location on Bridge Street, Morpeth in close proximity to a range of local and national retailers as well as a number of other leisure premises. Morpeth is an affluent Northumberland town with a population of approximately 15,000 people. Nearby occupiers include Town House Number 59, House of Hearing, Image Hairdressing, Greggs, WHSmith, Boots, The Yorkshire Trading Company and Lollo Rosso amongst numerous others.

Morpeth is situated around 11 miles north of Newcastle upon Tyne and is well located for the A1 and regional road and transport links.

Offers in excess of £280,000 (Two Hundred and Eighty Thousand Pounds) are invited for the benefit of our clients Freehold interest, subject to contract. Our client reserves the right not to accept the highest or any offer received.

Alternatively, the property is available by way of a Full Repairing and Insuring (FRI) lease for a term of years to be agreed at an asking rent of £28,800 per annum (£554 per week) exclusive of VAT, subject to contract. The landlord is open to considering proposals regarding a rent free period during fit out/conversion.