Retail premises for sale in Rennys Lane, Durham DH1

£165,000 (£119.48/sq. ft)
Retail premises for sale 1,381 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

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Property description

Location


The property is situated on Rennys Lane in Gilesgate district on the outer fringes of Durham City Centre. Encompassed between Durham City Retail Park, a large Tesco Extra, Dragonville Industrial Park and the newly constructed Dragon Lane Retail Park; the property is located in a highly popular and busy area. The property is located only 1.5 miles from Durham City Centre and is accessible via Sunderland Road or Front Street. High profile neighbouring occupiers include The Range, Curry’s pc World, B&Q, Kwik Fit and Lidl


Description


The subject property comprises ground floor retail sales/showroom area leading to a bright glazed annexe to the rear. The property benefits from laminate flooring throughout, spot lighting and aluminium frame double glazed frontage. The first floor provides open plan office accommodation and W/C.


Accommodation


Floor Area 128.29m² 1,381ft²


Rating assessment


Description rv Estimated Rates Payable
Showroom and Premises £5,900 £2,944.10
We are advised that the rateable value of the premises as at 1 April 2017 is £5,900 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 to be sold by the way of freehold title at an asking price of £165,000 (One Hundred and Sixty Five 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.


Viewing


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

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* 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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