Former Co-op Food, Wooler

Property Description

• Freehold Blue-Chip Retail Investment
• The property comprises ground floor retail accommodation and first floor upper part ancillary accommodation.

Location Description

• Wooler is a small town in Northumberland, located in 35 miles north of Newcastle-upon-Tyne.
• The town often referred to as the “Gateway to the Cheviots” is a popular base for walkers and lies on the edge of Northumberland National Park.
• The main A697 runs by the town linking Morpeth to Coldstream on the Scottish Border.
• The property is situated on the south side of the High Street in the heart of Wooler.
• Nearby retailers include Londis and Post Office.

Additional Notes

• The tenant is currently not in occupation, but is liable for dilapidations at the end of their lease
• The 2019 rent review remains outstanding
• It is possible to negotiate a surrender fee from the tenant in return for vacating early
• The property may lend itself to a variety of alternative uses and redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with the local authority, Northumberland County Council: www.northumberland.gov.uk

Additional Notes

• The tenant is currently not in occupation