Retail premises for sale in Middle Street, Consett DH8

Offers over £125,000 (£55.21/sq. ft)
Retail premises for sale 2,264 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


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.


Description


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.


Accommodation


Ground floor 100.1m² (1,077ft²)
First floor 54.2m² (583ft²)
Second floor 56.1m² (603ft²)
Total size of 210m² (2,264ft²)


Rating assessment


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.


EPC rating


E110


Terms


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.


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.

Arrange Viewing

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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