Retail premises to let in Hope Street, Crook DL15

Location

The subject property is located on Hope Street in Crook. Hope Street is a main road in the town centre with local and national retailers including St Cuthbert’s Hospice, cs Computer Solutions, The Fortune Palace, Greggs and Perla Nera.

Crook is a town in County Durham, situated 9.7 miles south west of Durham city centre and 5.5 miles north west of Bishop Auckland. Crook can be accessed by the A690 which is 0.1 miles from the property, is a main road that links directly with Durham and Sunderland.

Description

The subject property comprises a retail unit which occupies a mid terrace position within a popular retail terrace. The property is arranged over ground and first floors with the ground floor comprising a mixture of retail and office space with kitchen, WC and storage facilities. The first floor comprises office space with additional WC and storage facilities.

The property may be suitable for a variety of uses within Use Class E.

Accommodation

Ground Floor 150.5m² 1,620ft²
First Floor 188.2m² 2,206ft²
Total 338.7m² 3,826ft²

EPC rating

C70

Rating assessment

Description rv Estimated Rates Payable
Shop and Premises £9,800 £4,890.20

We are advised that the rateable value of the premises as at 1 April 2017 is £9,800 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.

Terms

The property is available by way of a new lease with terms to be agreed at £12,000 (Twelve Thousand Pounds) per annum.

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.