Office for sale in Old Elvet, Durham DH1

£295,000 (£358.44/sq. ft)
Office for sale 823 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


The city of Durham lies approximately 18 miles to the south of Newcastle Upon Tyne, 15 miles west of Sunderland, 20 miles to the north west of Teesside with Darlington approximately 20 miles to the south.

The city boasts one of the few world heritage sites in Britain being the Cathedral and Castle complex in the heart of the city centre which is the nearest major tourist attraction.

The mainline railway station lies approximately one mile from the subject property allowing easy access North and South by the main East Coast intercity railway network.


Description


The accommodation available comprises of a ground floor open plan office space area leading to further office accommodation on the first floor including built in kitchen and shared WC facilities. There is additional storage space on the second floor. The property may be capable for conversion to residential or other use. Further details are available upon request.


Accommodation


Net Internal Area 76.46m2 (823 ft2)


Rating assessment


Description rv Estimated Rates Payable
Office £6,800 £3,393.20

We are advised that the rateable value of the premises as at 1 April 2017 is £6,800 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


D90


Asking price/terms


The property is available for sale Freehold for £295,000. The first floor of the premises is let on a licence basis for a term of 6 months from August 2020. The ground floor is available to let for £13,000 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.


Viewing


For general enquiries and viewing arrangements please contact Joseph i’Anson at Bradley Hall.

* 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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