Office for sale in 17 Old Elvet, Durham DH1

£280,000 (£259.5/sq. ft)
Office for sale 1,079 sq. ft*
Interested in this property? Call +44 191 392 0630 * or Request Details

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

Property features

  • Approximately 100.24 sq m (1,079 sq ft) Over Three Floors
  • Ground Floor Office / Retail Space of Approximately 46.87 sq m (505 sq ft)
  • Rare Freehold Opportunity in Sought After City Centre Location
  • Redevelopment Potential
  • Great sipp Investment Opportunity
  • On Street Car Parking At Front Door with Discounted Business Owner Permit
  • Would Suit; Solicitors, Accountants, Surveyors, Financial Advisors & Health
  • Freehold Offers Over £280,000

Property description

Situation


The property is located in the historic city of Durham approximately 19 miles south of Newcastle upon Tyne and 13 miles south west of Sunderland.

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 property is situated on Old Elvet close to the junction with Court Lane and is only a short walk from the city's main shopping areas, Silver Street and Saddler Street. There is on-street parking immediately to the front of the property.

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 property comprises a two storey building of brick construction with a pitched slate roof. Internally the property provides ground floor office/retail accommodation along with two office suites on the first floor and a small kitchenette with shared WC facilities to the rear.


Accommodation


Ground Floor - 46.87 sq m (505 sq ft)

First Floor - 35.40 sq m (381 sq ft)
WC Facilities

Attic Storage - 17.93 sq m (193 sq ft)

Total - 100.24 sq m (1,079 sq ft)


Terms


We are instructed to seek offers in excess of £280,000 for the benefit of our clients Freehold interest in the property.


Rating assessment


Currently the property is assessed on a floor by floor basis

Ground Floor rv - £4,150
First Floor rv - £3,400

Under current government legislation, Small Business Rate Relief may result in no rates being payable (subject to eligibility). It is however, recommended that any interested party confirm the rates payable with the Local Authority.


Energy performance


Awaiting EPC.


Legal costs


Each party to be responsible for their own costs incurred in this transaction.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.


Anti-money laundering regulations


In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.


Viewing


For general enquiries and viewing arrangements please contact sole agents Graham S Hall Chartered Surveyors.

Property info

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

Arrange Viewing

For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)

Contact Graham S Hall Chartered Surveyors about this property

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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 Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors 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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