Retail premises for sale in Former Co-Operative Buildings, 206 North Road, Darlington DL1

Location
The town of Darlington is located approximately 10 miles West of Stockton on Tees and 21 miles South of Durham. The property is located at the prominent junction of North Road and Askrigg Street approximately 2 miles North of Darlington Town Centre.
Darlington has benefited from recent major investment having been selected by the government that the town will be home to the new Treasury building which is to be constructed within the town centre creating a significant number of new jobs.
Description
The property comprises two main elements held under 2 separate freehold titles.
The main part of the site comprises a former Co-operative store with frontage to North Road of approximately 24.5 m and is held under Title No DU125194 being 2 storeys in height and in recent years has been subdivided to create a large corner retail showroom plus two further smaller retail units. On the first floor there are two large rooms formerly been used as leisure/dance studios one accessible from within the larger showroom and the other having its own self-contained access from North Road. To side of the building is a loading and enclosed external yard area which is currently overgrown. The freehold title also includes the forecourt areas to the front and sides of the property.
Adjoining the property at the rear is a strip of land to the rear accessed from Askrigg Street comprising single storey garage and held under separate freehold Title No: DU7065.
The entire site has a total area of approximately 0.212 acres.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Gross Internal Area 2317 215.25

Garage Store 367 34.09

First Floor
Gross Internal Area 2392 222.22

total area 5346 496.64

Externally
Forecourt areas to front and side and grassed and enclosed overgrown area to rear

Tenure
We are advised the property is held under 2 separate freehold titles
• 206 North Road Title number DU125194 edged red on the attached plan.
• Lockup Garage to Askrigg St Title number DU70652 edged blue on the attached plan.

Asking Price
Offers are in invited in the region of £300,000 (three hundred thousand pounds) for the entire property which is to be sold with full vacant possession. Our clients preference is to deal with offers of an unconditional nature.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
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• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £14,000. The Uniform Business Rate for the Rates Year 2022/2023 is 49.9p (rv under £51,000). If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref
DC1128

EPC

Not Applicable