Retail premises to let in Front Street, Chester Le Street DH3

£16,000 pa (£11.54/sq. ft. pa)
Retail premises to let 1,386 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

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

Property description

Location


The property is situated on Front Street which is the main retail parade within the County Durham town of Chester Le Street. The subject premises are located centrally on Front Street which comprises a mixture of local and national operators, with many having recently concluded acquisitions in the town centre. Neighbouring occupiers include Barclays, Shoezone, Santander and Boots.

Chester Le Street is a market town in County Durham with a district population of 53,672 and situated approximately 10 miles south of Newcastle upon Tyne and close to the junction of the A167 and A1(M).


Description


The subject property comprises of a brick-built building with a stone render to the ground floor section beneath a flat felt roof. The ground floor comprises glazed frontage with carpeted floor and ready to fit out sales area. The first floor provides storage, kitchen and w/c facilities.


Accommodation


Ground and First floor 128.8m² 1,386ft²


Rating assessment


Description rv Estimated Rates Payable
Shop and premises £18,000 £8,982

We are advised that the rateable value of the premises as at 1 April 2017 is £18,000 and £3,050 and we have estimated the accrual 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


Rating to be confirmed


Terms


The property is available to let by way of a new Fri lease for a term of years to be agreed at £16,000 (Sixteen Thousand Pounds) per annum. Flexible terms may be available.


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.

Property info

  • Available immediately
  • Unfurnished

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

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For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

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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 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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