9 Battle Hill, Hexham, Northumberland NE46 1BA
Size
1,264
Tenure
Leasehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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Key features
- Rental Income: £11,280 p.a.
- Gross Initial Yield: 10.25%
- Comprises ground floor retail shop t/a barber shop.
- Let until April 2033. Rent review in 2029 linked to RPI.
Description
Gross Initial Yield: 10.25%
Rental Income: £11,280 p.a.
VAT is NOT applicable to this property
Let until April 2033. Rent review in 2029 linked to RPI.
Comprises ground floor retail shop t/a barber shop.
Located on Battle Hill, which forms part of the main vehicular route through Hexham town centre, with occupiers nearby including Post Office, HSBC, Greggs and more.
Property Description:
Comprises ground floor retail shop t/a as barber shop, providing the following accommodation and dimensions:
Ground Floor: 117.40 sq m (1,264 sq ft)
Open plan retail, kitchen, storage, office, wc
Tenancy:
The property is at present let to an Individual t/a Barber Shop for a term of 6 years 11 months from 14th May 2026 at a current rent of £11,280 per annum and the lease contains full repairing and insuring covenants. Rent review on 14.05.2029 linked to RPI. Tenant has option to determine the lease on 14.05.2027 with minimum of 6 months notice. Rent deposit held of £2,820. Lease within the Landlord and Tenant Act 1954
Tenure:
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
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 property is located on Battle Hill, which forms part of the main vehicular route through Hexham town centre. Fore Street is located approximately 50 yards to the east. The property adjoins the Globe Inn, and is directly opposite the town`s Post Office.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Tenure
- Leasehold
- Length of lease
- 999 years left
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
9 Battle Hill, Hexham, Northumberland NE46 1BA
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
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Disclaimer - Property reference 9battlehill. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.