Retail premises to let in Ashfield Terrace, Chester Le Street DH3

POA
Retail premises to let
Interested in this property? Call +44 330 038 7422 * or Request Details

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

Property features

  • Prominently positioned site with High Street frontage
  • Potential uses subject to planning include but not limited to; Retail, Creche, Vets, Restaurant, Leisure and more
  • Can be subdivided subject to individual needs
  • Neighbouring retailers include Nationwide, M&Co and B&M Bargains
  • On site parking

Property description

Location
Chester Le Street is situated 8 miles north of Durham and 12 miles west of Sunderland, and is easily accessed via the East Coast Main Line or the A1(M), which runs by the west of the town. According to the 2001 census information the town has a population of just over 36,000 persons within the district of 53,692 persons.

The unit is situated on Front Street, the town’s principal retailing location in close proximity to St Cuthbert’s Walk Shopping Centre entrance which is anchored by a Morrisons Supermarket. Also situated in the immediate vicinity includes national retailers such as; Nationwide Building Society, Coral, M&Co, Boots, Peacocks and B&M Bargains

accommodation
The property currently provides the following approximate dimensions and floor areas:-

Ground Floor
761.25 m²
8,194 ft²

ff & sf (Accommodation)
188.60 m²
2,030 ft²

Basement
73.70 m²
793 ft²

Alternatively, there is scope for the premises to be separated into 3 units with the following estimated floor areas:

Unit 1
296.97 m²
3,196 ft²

Unit 2
229.50 m²
2,470 ft²

Unit 3
234.78 m²
2,527 ft²

A visual breakdown of this split and the full space is shown on the plan overleaf. Additionally, the accommodation benefits from a considerable external area to the side and rear that could
cater for car parking facilities or be suitable for an external area to benefit the occupiers use.

Tenure
The property is available on a new full repairing lease for a term to be negotiated incorporating 5 yearly upward only rent reviews. Landlords works and incentives are available including provision of rent free, new shop frontages, or other works undertaken for specific operators uses.

Legal costs
Each party to be responsible for their own legal costs incurred in connection with any transaction.

Rent
Rent on Application (dependant on individual requirements).
Alternatively, the current owner may consider selling the whole or part. Further details upon request.

Energy performance certificate
Available upon request. Reassessment required subject to any works or division of space.

VAT
All figures quoted in these terms are exclusive of VAT where chargeable.

Rating assessment
According to the Valuation Office Website - the 2018/19 Rating Assessment is as follows:-

Rateable Value
£78,000

This rateable value is subject to change depending onany splits undertaken but currently applies to the full premises.

Viewing
For further information please contact :-
Pete Townsend
dd: Mob: Email:

Or


Ian Thurlbeck
dd: Mob: Email:

Property info

Arrange Viewing

For more information about this property, please contact
@retail, NE28 on +44 330 038 7422 * (local rate)

Contact @retail about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by @retail, and do not constitute property particulars. Please contact @retail 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.

Properties on the market nearby

16 more properties like this

View all Ashfield Terrace commercial properties to let