Retail premises for sale in Fore Bondgate Street, Bishop Auckland DL14

Location

Ideally positioned within an excellent trading position on Fore Bondgate in the Market town of Bishop Auckland with surrounding units including Greggs, Wilkos and Boots. Bishop Auckland is a well- established market town which has recently been the beneficiary of a lot of inward investment and. Durham City is approximately 12 miles to the north east and Darlington is approximately 13.5 miles to the south.

Description

The subject property comprises a terraced brick-built, rendered retail and residential unit beneath a pitched slate roof with ground floor retail space. The first floor is retail space with a hot food licence and is currently fit out to accommodate a takeaway, on the first and second floor is residential space. It is split into 2 bedrooms, a bathroom, en-suite, kitchen space and living area.

Accommodation

Ground floor 88.63m2 954t2
First floor 45.6m2 491ft2
Second floor 21.93m2 236ft2
Total 156.16m2 1,681ft2

Rating assessment

Description rv Estimated Rates Payable
Shop and Premises £5,000 £2,495.00

We are advised that the rateable value of the premises as at 1 April 2017 is £5,000 and we have estimated the actual 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

D92

Terms

The property is available by way of a sale or lease with terms to be agreed. Further information is available on request.

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.