West Street, Berwick-upon-Tweed

Description

Town Centre Premises

Self-contained ground floor retail unit

Well situated unit in secondary trading position

Good footfall and levels of passing traffic

Net Internal Area 62.59 sq m (674 sq ft)

Reduced Guide Rent £8,400 per annum Ref. GW5570.18

Description

A self-contained ground floor retail unit forming part of this Grade II Listed two storey plus attic level mid-terraced building.

The subjects are of traditional construction with single fronted retail unit to ground floor level and painted rendered finish to first floor above. The roof is of pitched design finished in clay pantiles with slate easing course incorporating two dormer window projections to the front elevation. Rainwater goods are of cast iron specification. Internally, the unit is fitted out to a good standard with lined walls and floor finished in laminate flooring.

Accommodation

Internally, the unit is configured with front shop with service counter along eastern side, rear shop, preparation room with external door to the south, steps up to kitchen with WC off.

Areas

The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:

Net Internal Area:-    62.59sq m / 674sq ft

In terms of Zone A ITZA:-  37.24 / 401sq ft

E & oe measurements taken with a laser measure.

Location

This unit situated in a good secondary trading position towards the northern end of West Street in an east facing position. West Street is a one-way street running perpendicular between the midpoint of Marygate, the towns principal retail street and Bridge Street to the south.

The immediate locality is mixed use typically consisting of commercial units at ground floor with residential accommodation above. Nearby occupiers include Rapsody, Unisex Hair and Health, Repass 7 Café/Coffee Shop, TD Fifteen Robertsons Ladies Wear Shop, Cameron’s Strachan Yuille Architects and Bijoux.

Berwick-Upon-Tweed is located in Northumberland in the North of England and has a population of 12,110 according to the 2020 mid-year population estimate compiled by the Office for National Statistics an increase of around 3.79% over that recorded at the 2001 Census (11,668). The town is situated approximately equidistant between Edinburgh to the North and Newcastle-Upon-Tyne to the south (approximately sixty-five miles each way).

Berwick-Upon-Tweed is served by the A1 Trunk Road providing good access to the National Roads Network and the Mainline East Coast Railway Network with regular services to Edinburgh and Newcastle-Upon-Tyne (approximately forty-five miles each way) and London (approximately three and half hours).

Although a relatively small town, Berwick is regarded as the principal Market Town serving North Northumberland and the eastern Borders (a catchment of around 42,000) offering a full range of retail, leisure and financial services. The town also has a significant tourism sector which accommodates an influx of seasonal visitors, the resident population is reported to effectively double during peak season. The population within a ten-mile radius was recorded as 27,323 in 2019 with an average household income of £23,597 (Source: CoStar).

There are airports at both Edinburgh and Newcastle-Upon-Tyne providing domestic and international scheduled flights.

Berwick-Upon-Tweed benefits from an active commercial harbour. The port can currently take vessels up to 90 metres in length with maximum beam height of 16 metres and drafts of up to 4.4 metres.

Rateable Value

The Rateable Value is assessed to £3,750 effective from 01-April-2017 effective from 01 April 2017.

Rateable value information has been obtained from the Valuation Office Association website. Whilst believed to be correct this information has not been independently verified.

Services

Mains electricity, water and drainage.

Energy Performance Certificate

Band C62

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with this transaction.

In the normal manner, the in-going tenant will be liable for any stamp duty land tax, registration dues and VAT thereon.

Lease Option

Available by way of a new Full Repairing and Insuring lease. Other terms by negotiation.

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with this transaction.

In the normal manner, the in-going tenant will be liable for any stamp duty land tax, registration dues and VAT thereon.

Value Added Tax

Any prices are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.

Viewing

By appointment with the sole agents:

Edwin Thompson, Chartered Surveyors

44-48 Hide Hill

Berwick-upon-Tweed

Northumberland

TD15 1AB

Tel. 01289 304432

Fax. 01289 302027

E-mail: s.sanderson@edwin-thompson.co.uk

s.critchlow@edwin-thompson.co.uk