119-125 Marygate Berwick

Location

Type Retail
Terms To Let - new lease
Tenure Leasehold
Size 6325 sq ft
Price Rental offers in the region of £50,000 per annum exclusive
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Description

The property is situated in a main street position with nearby occupiers including Specsavers, Berwick Framing & Gallery and Lime Shoe Company. The site is highly visible as it sits just off the roundabout access to Walkergate and is also close to the junction with Golden Square.

 ACCOMMODATION

The property provides a ground floor retail unit which is relatively open plan and provides extensive sales space . To the rear of the ground floor there is a double door access to a rear yard which has a shared vehicular access with a neighbouring residential property. There is currently a stock room and large cold store at the rear of the ground floor sales space and a staircase here leads up to additional stores at 1st floor together with a staffroom and wc’s plus changing facilities. There is potential to enlarge the ground floor sales space by the removal of the cold store and  walk in freezer by the outgoing tenant.  Floor areas are currently as follows:

Ground Floor Existing sales                  353 sqm (3,800sqft)

Ground floor stores incl. cold store      156 sqm (1,676sqft)            

First floor  store                                         64 sqm (692sqft)

First floor staffroom                                  15 sqm (157sqft)

 BUSINESS RATES

The premises are currently entered into the  Valuation List with an RV of £50,500 from 1st April 2023. The current Uniform Business Rate is 0.499p in the £ making rates payable £25,200. Interested parties should verify this rating information with the local rating authority directly.