Consett is a market town situated 13 miles northwest of Durham and 14 miles south-west of Newcastle upon Tyne, at the junction of the A691/A692, both of which provide the link to the national motorway network at the A1(M).
This corner property is located on the north-east side of Middle Street, at its junction with Mason Street and adjacent to the Derwent Shopping Centre. Oc-cupiers close by include Greggs, Clintons, Superdrug, tui, Card Factory, Dom-ino’s, The Co-operative Bank, The Salvation Army, Barnardo's and Halifax, amongst others.
The property is arranged on ground and two upper floors to provide a former ground floor banking hall with ancillary accommodation on the first and second floors.
The property benefits from a return frontage onto Mason Street, which provides access to the side and rear.
Ground floor 100.1m² (1,077ft²)
First floor 54.2m² (583ft²)
Second floor 56.1m² (603ft²)
Total size of 210m² (2,264ft²)
Description rv Estimated Rates Payable
Bank and Premises £11,500 £5,646
We are advised that the rateable value of the premises as at 1 April 2017 is £11,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
We are instructed to seek unconditional offers in excess of £125,000 (One Hundred and Twenty Five Thousand Pounds).
The premises are also available by way of a new lease for a rent and term to be agreed.
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.
Each party is to bear their own legal costs involved in the transaction.
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.