Rent £12 per sq ft

Rates Payable £88,320 per annum From the 1 April 2026 the RV will be £184,000 at a 48 pence multiplier the rates payable would be £88,320 pa

Service Charge £1.82 per sq ft 2026 Service charge is £36,718.64

Estate Charge n/a

EPC Rating This property has been graded as B (32)

Description

Property description
A rare opportunity to lease a retail warehouse extending to approximately 20,091 sq ft (1,866.61 sq m GIA), prominently situated on Maidens Walk, located near Hexham Town Centre.

The property comprises an expansive open-plan retail sales area, providing flexibility for a variety of occupiers including retail, leisure, fitness, showroom, trade counter, and hospitality operators, subject to the necessary consents.
Supporting accommodation includes extensive storage facilities, staff welfare provisions, and ancillary space located to the rear of the unit. The property further benefits from a private rear loading bay and secure service yard, providing excellent servicing and distribution capabilities.

Externally, the premises are complemented by a substantial customer and staff car park providing approximately 290 parking spaces, ensuring convenient access and a strong customer experience.
With an internal ridge height of approximately 6.3 metres, excellent prominence, and significant local footfall, the property presents an outstanding opportunity to secure a highly versatile commercial space in one of Hexham's principal retail locations.
Location
Hexham is an affluent and attractive market town in Northumberland, situated approximately 23 miles west of Newcastle upon Tyne and 32 miles east of Carlisle. The town benefits from excellent road communications via the A69 dual carriageway, which provides direct access to Newcastle and connects with the A1(M) to the east and the M6 motorway to the west.

Widely regarded as one of the region's most desirable market towns, Hexham enjoys a strong catchment population and attracts significant visitor numbers throughout the year. The town centre offers a diverse mix of national retailers, independent boutiques, cafés, restaurants and leisure facilities, centred around the historic marketplace and surrounding streets.

The property occupies a prominent position on Maiden's Walk, on the former Auction Mart site, adjacent to Hexham General Hospital and immediately south of the town centre. The location benefits from excellent accessibility, a strong local customer base, and proximity to a range of retail, healthcare and community amenities, making it an ideal destination for a variety of retail, leisure, trade counter and commercial occupiers.

TERMS
The property is available by way of a new effectively Full Repairing and Insuring (FRI) lease for a term to be agreed.
Rental offers are invited.

Business Rates
The Valuation Office Agency, the property has a Rateable Value of:
£184,000
The Business Rate for the 2026/2027 financial year is 48 pence. Interested parties should make their own enquiries with the local authority regarding rates payable and any reliefs that may be available.

EPC
The property has an Energy Performance Certificate rating of B.

VAT
All figures quoted are exclusive of VAT, where applicable.