Retail premises to let in Front Street, Chester-Le-Street DH3

Location

The premises are located at the junction of Front Street and Middle Cha-re, in the centre of Chester le Street. The A1(M) is located 1.5 miles and with the added benefit of a main line railway station. The offices are within the main shopping district and close to ample public parking.

Description

The property provides ground floor retail accommodation with glazed frontage and front sales with store and w/c to the rear. Ready for immediate occupation.

Accommodation

Ground floor retail 149.7m² (1,611 ft²)

Rating assessment

Description rv Estimated Rates Payable
Shop and Premises £22,000 £10,978

We are advised that the rateable value of the premises as at 1 April 2017 is £22,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.

EPC rating

B39

Terms

The property is available to let by way of a new efri Lease for a term of years to be agreed at an asking rent of £18,000 per annum.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Money laundering regulations

In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.