Home Commercial Commercial Property Retail for sale in Beaumont Street, Hexham, NE46
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About this property

LOCATION
Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road, 20 miles to the east. Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre 23 miles to the east.

The town also lies on the main railway line between Newcastle upon Tyne and Carlisle and is an important retail, commercial and tourist centre. The property is well positioned within the heart of Hexham’s town centre at the lower end of Beaumont Street, just off the Market Place.

DESCRIPTION
The subject property comprises a mid-terraced four-storey building of dressed stone to the front elevation under a pitched slate roof.

The ground floor benefits from a traditional single glazed timber framed shop front and canopy.

The building has most recently been used as a delicatessen and café and comprises open retail space to the ground floor, sales room to the first floor front and w.c./staff facilities behind. The second floor is currently fitted as a kitchen, with storage and built-in refrigerator and freezer to the basement.

There are internal period features and fireplaces including sash, timber windows.

There is no rear access/egress from the property.

The property is situated directly opposite the main entrance to Hexham Abbey and lies within the town centre Conservation Area.

The property may be suitable for alternative uses subject to all necessary consents including planning consent, being obtained.

ACCOMMODATION
We have measured the property as providing the following net internal areas:

Basement 14.62 sq m (157 sq ft)
Ground floor 21.19 sq m (228 sq ft)
First floor 11.33 sq m (122 sq ft)
w.c.
Second floor 19.28 sq m (208 sq ft)

TOTAL 66.42 sq m (715 sq ft)

TERMS
Our client’s freehold interest in the property, with vacant possession, is available for sale at offers over £100,000.

OUTGOINGS
The property is entered into the 2023 Rating List with a rateable value of £7,900.

Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.

LEGAL COSTS
Each party is to bear their own legal costs.

VIEWING
Strictly by appointment with the sole agents, YoungsRPS.

Location

Stamp duty due

Based on a sale price of £100,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

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