Retail premises to let in 3-6 Station Road, Consett DH8

Location

Consett is a popular market town situated 14 miles south-west of Newcastle upon Tyne and 13 miles north-west of Durham City at the junction of the A691/A692, both of which provide the link to the A1(M).

Consett is home to over 37,000 people, growing to 68,000 people within a 30-minute drivetime.

The subject property occupies a prominent position on Station Road, opposite Consett Medical Centre and benefits from high volumes of passing traffic.

Nearby occupiers include: Lloyds Pharmacy, jd Wetherspoon, Argos, Lloyds Bank and Home Bargains.

Description

The property comprises a two-storey terraced commercial premises, providing ground floor retail and first floor office accommodation. The available space comprises, a ground floor retail unit with open plan sales and kitchen / WC facilities to the rear.

Accommodation

Approximately 105.32 sq m (1,134 sq ft)

Terms

The property is available by way of a new efri lease for a term of years to be agreed at a rent of £12,500 pax.

Rating assessment

We understand that the premises have a rateable value of £4,800 effective from 1st April 2017. Under current government legislation, Small Business Rate Relief could result in no rates being payable (subject to eligibility).

It is recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.

Energy performance

Awaiting EPC.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

Legal costs

Each party to be responsible for their own costs incurred in this transaction.

Anti-money laundering regulations

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

Viewing

For general enquiries and viewing arrangements please call sole agents Graham S Hall Chartered Surveyors.