Skip to main content
  • Sign in

Retail premises for sale

£340,000 (£129.92/sq. ft) Offers over

28-28A Fore Street, Hexham, Northumberland NE46

Retail premises for sale 2,617 sq. ft*
Interested in this property? Call +44 191 392 0630 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Attractive Three Storey Period Property in Affluent Market Town
  • Planning Permission Granted in to Redevelop the Upper Floors into 4 apartments
  • Parking for 2no. Vehicles
  • Located within the Towns Prime Shopping Area with High Footfall
  • Surrounding Retailers Include: Iceland, Specsavers, Seasalt Cornwall, Boots
  • The Property has been Under Local Family Ownership for Many Years
  • Freehold Offers Over £340,000

Property description

Situation


Hexham is an affluent and 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 on the prime retail street within the town centre, with nearby occupiers including Iceland, Specsavers, Seasalt Cornwall, Boots, WHSmith, Caffe Nero, Costa & Waterstones.


Description


The subject property comprises a mid-terraced, three storey unit of brick and stone wall construction under a pitched slate roof which has been extended to the rear with a two-storey brick and stone wall extension with a slate roof.

The building is split into two self-contained units. The ground floor shop unit having a modern timber plate glass shop front and rear access, which has recently undergone refurbishment and is fitted with carpets to floors and suspended ceilings with integral lighting.

The upper floors are one self-contained unit accessed by a larger than normal double width staircase off Fore Street. There are period features throughout including recently decorated sash windows and the interior is well fitted with a good standard of decoration to plastered walls and ceilings. There are several wide openings in existing walls to open-up the space at first floor making the traditional smaller rooms more inviting for the current showroom use.

Externally there is a yard to the rear suitable for loading or parking two vehicles, accessed over land of the former Robbs Department store where redevelopment into individual retail units is proposed.


Accommodation


Ground Floor Retail - 71.10 sq m (765 sq ft)
First Floor Showroom - 97.08 sq m (1,045 sq ft)
Second Floor Storage - 74.97 sq m (807 sq ft)

Total - 243.13 sq m (2,617 sq ft)


Rating assessment


We understand that the premises have rateable values of £21,500 (gf) effective from 01st April 2017.and £11,500 (ff & sf) effective from 29th August 2018. It is however, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority.


Energy performance


No. 28 - EPC Rating D 92
No. 28A - EPC Rating E 108


Planning


Full planning permission was granted in May 2022 to convert the first and second floors from office / retail use into 4no. C3 apartments (1no. 2 bed & 3no. 1 bed) with a new external metal stair to rear and the insertion of a new door onto landing.

Further information can be gained by accessing the planning section of the Northumberland County Council website at Application No: 21/03931/ful.


Tenure


Freehold.


Proposal


We are seeking offers in excess of £340,000 for the benefit of our clients Freehold Interest.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.


Legal costs


Each party to be responsible for their own costs incurred in this transaction.


Anti-money laundering regulations


In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)

Contact Graham S Hall Chartered Surveyors about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Similar properties for sale nearby

4 more properties like this

View all Fore Street commercial property for sale