• Ground Floor entrance 40 sq.m. (433 sq.ft.).
• First Floor up to 577 sq.m. (6,200 sq.ft.).
• Suitable for a variety of uses.
• Not suitable for nightclub use.
• Busy location adjacent to car parks.
• New lease available.
• ASKING RENT £36,000 per annum.
- Asking Price:
- £36,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
New lease available.
- Leasehold Rent:
-
£36,000 per annum
- Location:
-
Morpeth is a market town in central Northumberland 14 miles north of Newcastle upon Tyne and accessible by road via the A1 and by rail via the East Coast mainline.
The town has a resident population of circa 13,500 with a retail and leisure catchment area of over 50,000 heads within the Castle Morpeth district.
The property is located on the west side of Newmarket which runs off the main shopping area on Newgate Street down towards the Riverside Leisure Centre. There are two car parks adjacent to the subject property and parking is free for up to 2 hours via a disc.
- Premises Details:
-
The opportunity comprises an extensive open plan first floor space within a spacious three storey property. The ground floor is occupied by JD Wetherspoon Limited, trading as The Electrical Wizard.
The premises would be suitable for a variety of uses subject to landlord’s consent.
Accommodation;Ground Floor
Entrance Lobby circa 435 sq.ft. (40 sq.m.)First Floor
Former Nightclub circa 6,200 sq.ft. (577 sq.m.)
Gents Toilets
Ladies Toilets
