Retail premises for sale in Front Street, Chester Le Street DH3

Guide price £200,000 (£109.05/sq. ft)
Retail premises for sale 1,834 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Location


Chester-Le-Street is a market town in County Durham, 11 miles south of Newcastle-upon-Tyne and 8 miles north of Durham. The population is over 37,000.

The town is located just 1 mile west of the A1 and has a railway station on the East Coast Main Line, making the town easily accessible. The subject property is located in a prominent position on Front Street in close prox-imity to Boyes, Heron Foods, William Hill, Savers and Card Factory.


Description


The subject property is a former bank premises with excellent glazed frontage available to let in an empty shell condition with the benefit kitchen, w/c facilities arranged over ground and first floor.


Accommodation


Ground floor 128.5m² (1,383ft)
First floor 41.9m² (451ft²)
Total size of 170.4m² (1,834ft²)


Rating assessment


Description rv Estimated Rates Payable
Bank and Premises £27,750 £13,625.25

We are advised that the rateable value of the premises as at 1 April 2017 is £27,750 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.1 in the pound. However, interested parties should confirm the current position with the Local Authority.


EPC rating


E104


Terms


The property is available for sale Freehold at an asking price of £200,000 (Two Hundred Thousand Pounds).


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.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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