13/13a cattle market, hexham, northumberlandf169 printed by ravensworth 01670 713330 accommodation...

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13/13A Cattle Market, Hexham, Northumberland

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Page 1: 13/13A Cattle Market, Hexham, NorthumberlandF169 Printed by Ravensworth 01670 713330 ACCOMMODATION NO.13 CATTLE MARKET Main Shop Area With street frontage leading via a short flight

13/13A Cattle Market,Hexham, Northumberland

Page 2: 13/13A Cattle Market, Hexham, NorthumberlandF169 Printed by Ravensworth 01670 713330 ACCOMMODATION NO.13 CATTLE MARKET Main Shop Area With street frontage leading via a short flight

Two prominent individual retail units with additional building and land providing undoubted potential for further development lying centrally within the main trading area fronting onto the main thoroughfare. The buildings extend in total to approximately 773 sq m (8,311 sq ft) with an extensive site to the south and west providing undoubted potential for additional development subject to appropriate planning consents being forthcoming. Current rent roll £28,000 per annum exclusive. EPC Rating: E (13 Cattle Market); C (13a Cattle Market)

Guide Price: £435,000 Newcastle upon Tyne 21½ miles, Newcastle International Airport 19½ miles.

DETAILS PREPARED January 2016 VIEWING Viewings strictly by appointment with the agent. IMPORTANT NOTICE Foster Maddison, their clients and any joint agents give notice that:

SERVICES Mains water, electricity, drainage and natural gas are connected to the property. BUSINESS RATES Business Rate: £17,000 (13 Cattle Market); £10,750 (13A Cattle Market). OFFICE REF HX00003377

1.They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Foster Maddison has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Page 3: 13/13A Cattle Market, Hexham, NorthumberlandF169 Printed by Ravensworth 01670 713330 ACCOMMODATION NO.13 CATTLE MARKET Main Shop Area With street frontage leading via a short flight

F169 Printed by Ravensworth 01670 713330

ACCOMMODATION NO.13 CATTLE MARKET Main Shop Area With street frontage leading via a short flight of stairs to mezzanine café having full height cathedral style ceiling and with further flight of stairs to first floor function room, male and female w.c.s and additional child’s play area. Also rear commercial kitchen. Net Internal Floor Area: 185.13 sq m (1,990 sq ft) 13A CATTLE MARKET Front Shop With street frontage having steps up to rear shop, rear store and additional storage area with staff w.c. Net Floor Area: 64.45 sq m (693 sq ft). Commercial Bakery Kitchen With kitchen area on the ground floor and with staff w.c./changing facilities and additional storage at first floor level. Net Floor Area: 204.44 sq m (2,193 sq ft)

Additional Storage Buildings On two floors. Total gross external floor area: 320 sq m (3,440 sq ft). Parking/yard areas together with large garden area at present undeveloped. TENURE The property is offered for sale freehold subject to the following leases: No.13 Cattle Market let on an internal repairing and insuring lease of 15 years duration commencing 11 October 2004 at a current rental of £19,663 per annum. Lease available for inspection at agent’s office. 13a Cattle Market Currently let on an internal repairing and insuring lease of 10 years duration commencing 2006 at a rental of £8,427 per annum. Lease ends 27 October 2016. Lease available for inspection at agent’s office. VAT All rents are exclusive of VAT.

AGENT’S NOTE The premises undoubtedly provide significant potential for redevelopment particularly of the rear areas including the commercial kitchen which is currently occupied on an ‘informal arrangement’. The storage buildings fronting onto Broadgates also offer potential for redevelopment/extension into the yard/garden area. RIGHTS OF WAY We understand that there is a right of access for maintenance purposes and fire escape purposes in favour of no.11 Cattle Market over the garden area to the rear. Pedestrian access gate at top end of garden via steps. PLAN The property offered for sale is shown marked red on the attached plan. This is for identification purposes only. RENT EX INSURANCE Watsonia - £8,427.00 Grants - £19,663.00

Page 4: 13/13A Cattle Market, Hexham, NorthumberlandF169 Printed by Ravensworth 01670 713330 ACCOMMODATION NO.13 CATTLE MARKET Main Shop Area With street frontage leading via a short flight

14/16 Priestpopple, Hexham Northumberland NE46 1PQ tel 01434 605441 fax 01434 607141 e-mail [email protected] www.fostermaddison.co.uk

13 Cattle Market

13a Cattle Market