Retail premises to let in St Cuthbert's Walk Shopping Centre, Chester Le Street DH3
£13,000 pa (£14.60/sq. ft. pa)
Interested in this property?
Call +44 191 686 9796 *
* Calls to this number will be recorded for quality, compliance and training purposes.
St Cuthbert’s Walk Shopping Centre is situated on Front Street the principle retail street in the market town of Chester-le-Street. Road communications to Chester-le-Street are excellent with access via the A167 to Durham and the South and the A692 to Stanley in the West.
Chester-le-Street also lies off junction 63 of the A1(M) providing excellent ac-cess to Newcastle, Gateshead, Darlington, Durham and all major road net-works. Chester-le-Street also boasts a mainline railway station on the East coast mainline.
St Cuthbert’s Walk Shopping Centre is the principle covered shopping centre in the heart of Chester-le-Street town centre extending to approximately 60,000sq ft and adjoining a 370 space car park anchored by the Morrison’s Supermarket with further lettings to Iceland Frozen Foods, Boots the Chemist Ltd, Shoe Zone Retail and a variety of other local occupiers. The property also has the benefit of dedicated car parking.
Retail unit- 127.27m² 1,370ft²
Description rv Estimated Rates Payable
Shop & Premises £17,500 £8,155
We are advised that the rateable value of the premises as at 1 April 2017 is £17,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
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.
Units are available by way of a new effective full repairing and insuring lease for a term of years to be agreed. The tenants are to be responsible for internal repairs together with all repairs to doors and windows and with the landlord responsible for all external repairs having a right to recover a proportion of these costs together with the cost of maintenance and repair of the common areas, management and security by way of a service charge. The landlord will insure the property and recover a proportion of the annual insurance premium from each tenant.
Each party is to bear their own legal costs involved in the transaction.
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.
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.
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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