Offers in excess of £710,000
The subject property is located on the corner of New Market and Oldgate in Morpeth town centre. New Market and Oldgate form a cross road withh Bridge Street and Newgate Street and is popular with local and national retailers and businesses including Morpeth Town Council, Subway and The Cheese Shop. The property is also within close proximity to Morpeth Clock Tower.
The building is close to the hugely successful Sanderson Arcade which is anchored M&S Food and provides the prime retail thoroughfare. The properties are prominently located with easy access to A197 towards Ashington and A1(M) which provides access throughout the region. The properties are less than half a mile from Morpeth bus station to the north and Morpeth Train Station to the south.
The subject property comprises a prominent corner building which is arranged over ground and first floors, totalling 256.4m² (2,790ft²).
Ground floor 136.7m² 1,487ft²
First floor 118.7m² 1,303ft²
The accommodation is available by way of freehold. The premises are let on a 5 year lease on FRI terms from 22/06/2018.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Each party is to bear their own legal costs involved in the transaction.
For general enquiries and viewing arrangements please contact Tim Aisbitt at Bradley Hall.
Tel: 0191 232 8080