Retail premises to let in 17 High Street South, Durham DH7

Location

The property is located in Langley Moor, a small County Durham village, approximately 2 miles south of Durham City Centre and 9 miles north of Bishop Auckland.

The subject property occupies a prominent position on High Street which is the main retail pitch within the village. Notable nearby operators include: Tesco Express, Lidl, rspca and Salvation Army.

Description

The building comprises a mid-terrace property under a pitched slate roof. The property is arranged over two floors, with retail accommodation to the ground floor and residential on the first.

The available space comprises, a ground floor retail unit with open plan sales together with staff WC facilities. The premises is well presented with double fronted glazed retail frontage with signage over, finished floorboards, plastered, skimmed walls and freshly decorated walls.

The property also benefits from a roller shutter loading door to the rear.

Accommodation

Approximately 103.13 sq m (1,110 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 £9,000 pax.

Rating assessment

We understand that the premises have a rateable value of £6,600 effective from 1st April 2023. 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.

Energy performance

EPC rating - B 44

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.