DESCRIPTION
The property is situated on Hide Hill which runs north to south located centrally in Berwick and comprises the primary retailing thoroughfare. It is situated towards the eastern end of Marygate on the east side of the street, nearby to the junction with Woolsmarket.
The property compromises a mid terrace ground floor retail accommodation. The property is currently tenanted by longstanding tenant Timpsons on a 5 year lease from 2024
ACCOMMODATION
The property includes the following net internal areas:
Area M² Ft²
Ground Floor Zone A 34.9 376
Ground Floor Zone B 32.7 352
Ground Floor Zone C 10.2 110
First Floor Storage 26 280
First Floor Storage 7.44 80
Total 111 1,138
TERMS
The property is available at an asking price of £90,000.
TENURE
the property is held freehold under title number ND120890.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
Shop and premises - £12,000
The Small Business Rate for the year 2026/2027 is 49.9 pence in the pound.
ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
