Retail premises to let in Front Street, Stanley DH9

Location

The property is located in Stanley which is situated approximately 9 miles north west of Durham City centre and 10 miles south of Newcastle upon Tyne. The town of Stanley benefits from good transport links lying in close proximity to the A693. The premises are located in a prominent position on Front Street which is one of Stanley’s
main retail thoroughfares and is adjacent to Stanley Bus Station. The property is situated opposite Aldi’s main entrance. Other occupiers on Front Street include Asda Shopping Centre, Iceland Foods, Greggs, Boots, Lloyds and Barclays Bank and many others.

Description

This centrally located shop is ideal for starting or relocating your business. This unit has been previously used as a barber shop who outgrew the shop and moved to one of out neighbouring units. And could be used to start any business you choose. The property has a Class E license and also has rear access for loading. The unit is clean and tidy and is available for immediate occupation.

Accommodation

The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 4.16sqm (45sqft)
Ground Office: 9.42sqm (101sqft)
Total Area: 13.58sqm (146sqft)

Lease Terms

The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £5,720 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £880. The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact Stanley Town Council.

Legal Costs

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.

VAT

All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group.

Subject to Contract