Retail premises to let in High Street, Carrville, Durham DH1

Location

The subject property is located on Front Street, Carrville, Durham, a prominent front street location. The property benefits from great transport links as it is located on junction 62 of the A1(M), with quick access to the A690, meaning there are great links into Durham in the West, Newcastle in the North, Sunderland in the East and Darlington in the South.

Description

The subject property comprises of a two-storey, end of terraced, brick-built building. To the ground floor there is a front sales area, with a kitchen and w/c to the rear. The first floor comprises of a waiting area and three treatment rooms, with access to second floor storage. There is also a small yard to the rear of the property.

Accommodation

First floor 49.87 m² 537 ft²
Second Floor 37.08 m² 399 ft²
Third Floor 11.15 m² 120 ft²
Total 98.10 m² 1,056 ft²

Rating assessment

Description rv Estimated Rates Payable
Shop and Premises £5,100 £2,544.90

We are advised that the rateable value of the premises as at 1 April 2023 is £5,100 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

To be assessed.

Terms

The subject property is available by way of a new lease with terms to be agreed from £13,500 (Thirteen Thousand Five Hundred Pounds) per annum. Rent is exclusive of insurance and VAT.

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.