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About this property

LOCATION
The property is located in the town of Haltwhistle, which lies on the route of the A69 Trunk Road, approximately 37 miles west of Newcastle upon Tyne and 21 miles east of Carlisle. The town also lies on the main Newcastle to Carlisle railway line.
The property lies in a secondary retail location, with nearby occupiers including beauty salons and hot food takeaways. Other occupiers in the town include Sainsbury’s and Boots the Chemist as well as a number of local businesses. On street car parking is available.



DESCRIPTION
The property comprises a three-storey end-terraced building of stone construction under a slate covered pitched roof. There is a single storey extension to the rear which is of rendered block construction under a modern corrugated flat roof.
The property comprises a large ground floor shop with basement and separately accessed maisonette above.

The shop has a single glazed timber framed shop front and internally provides good quality space over ground and basement levels. The main area to the front has a hardwood floor, plastered walls and suspended ceiling. There is an attractive staircase leading down into a basement area.

To the rear of the ground floor are four good sized additional rooms which have carpeted floors, plastered walls and a suspended ceiling. The ground floor is heated by a gas fired central heating system to radiators. There is also a w.c. and kitchenette.
The property is currently tenanted and is to be sold subject to the existing tenancies.

The maisonette is separately accessed from the front of the building, and comprises a large living room, shower room and kitchen/diner to the first floor, together with three double bedrooms and a bathroom to the second floor. The flat is spacious and presented in good condition.

ACCOMMODATION
We have measured the ground floor shop as providing the following net internal area:

Ground Floor 134.42 sq m (1447 sq ft)
Basement 50.28 sq m (541 sq ft)

TOTAL 184.70 sq m (1988 sq ft)

The maisonette extends to a gross internal area of 127.90 sq m (1377 sq ft), and comprises the following:

Ground floor lobby leading to:

First floor - large living room, kitchen with dining area, shower room with shower cubicle, w.c. and was hand basin.

Second floor – 3 double bedrooms, bathroom with bath, w.c. and wash hand basin.

OUTGOINGS
The ground floor and basement is entered into the Rating List with a rateable value of £4,300. The maisonette is entered into the Council Tax List as a Band A property.

VAT
All figures quoted above are exclusive of VAT where chargeable.

LEGAL COSTS
Each party to bear their own legal costs.

OTHER
TENANCIES
The ground floor shop it let to Swift Resolution Debt Recovery Limited on effectively a fully repairing and insuring basis until 31 July 2025 at a rent of £7,200 per annum. The tenant has an option to break the lease in July 2022. The maisonette is let by way of an Assured Shorthold Tenancy at a rent of £415 per calendar month.

LOCAL AUTHORITY
Northumberland County Council, Morpeth, Northumberland, NE61 2EF (Tel: 0345) 6006400


ENERGY PERFORMANCE CERTIFICATE
The ground floor and basement has an EPC rating of D-92..
The maisonette has an EPC rating of D-55.

Copies of the EPC certificates and recommendation reports are available on request.


VIEWING
Strictly by appointment through Sole Agents YoungsRPS.

Location

Stamp duty

Based on a sale price of £145,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.