Property photos
Fixed price
£117,500
(£67.80/sq. ft)
Retail premises for sale
Battle Hill, Hexham NE461,733 sq. ft
Local area information
Property location
Nearby amenities
- St Mary's Roman Catholic Voluntary Aided First School 0.1 miles
- The Sele First School 0.2 miles
- Hexham 0.4 miles
- Corbridge 3.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hexham to find out more about the local area.
Features and description
- Comprises double fronted ground floor shop t/a Massage & Beauty
- Let until 2034. No breaks. Rent review in September 2029
- VAT is not applicable to this property
- Nearby occupiers include Post Office and Oxfam, amongst other local retailers.
Investment Consideration:
Gross Initial Yield: 10.21%
Rental Income: £12,000 p.a.
VAT is not applicable to this property
Comprises double fronted ground floor shop t/a Massage & Beauty
Let until 2034. No breaks. Rent review in September 2029
Nearby occupiers include Post Office and Oxfam, amongst other local retailers.
Property Description:
Comprises double fronted ground floor shop t/a Massage & Beauty, providing the following accommodation and dimensions:
Ground Floor: 161 sq m (1,733 sq ft)
Open plan retail, Storage, Office, WC
Tenancy:
The property is at present let to an Individual for a term of 10 years from 1st September 2024 at a current rent of £12,000 per annum and the lease contains full repairing and insuring covenants. Rent review in September 2029 open market upward only. No breaks. Deposit held of £3,000. Lease within Landlord & Tenant Act 1954.
Tenure:
Long Leasehold. Held on a 999 year lease from 25th March 1991 at a ground rent of peppercorn.
Location:
Hexham is a market town and civil parish in Northumberland, England, on the south bank of the River Tyne. The town is served by the A69 road, which runs for 54 miles (87 km) from Carlisle to Newcastle upon Tyne. 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 located on Battle Hill, which is one of the main routes through the town, close to its junction with Beaumont Street. There is free on street parking on Beaumont Street. Nearby occupiers include Post Office and Oxfam, amongst other local retailers.
Gross Initial Yield: 10.21%
Rental Income: £12,000 p.a.
VAT is not applicable to this property
Comprises double fronted ground floor shop t/a Massage & Beauty
Let until 2034. No breaks. Rent review in September 2029
Nearby occupiers include Post Office and Oxfam, amongst other local retailers.
Property Description:
Comprises double fronted ground floor shop t/a Massage & Beauty, providing the following accommodation and dimensions:
Ground Floor: 161 sq m (1,733 sq ft)
Open plan retail, Storage, Office, WC
Tenancy:
The property is at present let to an Individual for a term of 10 years from 1st September 2024 at a current rent of £12,000 per annum and the lease contains full repairing and insuring covenants. Rent review in September 2029 open market upward only. No breaks. Deposit held of £3,000. Lease within Landlord & Tenant Act 1954.
Tenure:
Long Leasehold. Held on a 999 year lease from 25th March 1991 at a ground rent of peppercorn.
Location:
Hexham is a market town and civil parish in Northumberland, England, on the south bank of the River Tyne. The town is served by the A69 road, which runs for 54 miles (87 km) from Carlisle to Newcastle upon Tyne. 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 located on Battle Hill, which is one of the main routes through the town, close to its junction with Beaumont Street. There is free on street parking on Beaumont Street. Nearby occupiers include Post Office and Oxfam, amongst other local retailers.
More information
Listed by
Blue Alpine Partners
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.