Retail premises to let in Victoria Road, Consett DH8
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
Consett is a market town situated northwest of Durham and 14 miles south-west of Newcastle upon Tyne, at the junction of the A691/A692, both of which provide the link to the national motorway network at the A1(M).
Victoria Road is located nearby to the Derwent Shopping Centre and nearby occupiers include Greggs, Clintons and Iceland as well as Consett Bus Station.
Description
The subject property comprises of a single-storey, brick built, mid terrace retail unit. The unit comprises of a sales area to the front of the property and storage area to the rear. There is a shared yard to the rear and ample free parking opposite the property.
Accommodation
Sales Area 42.25 m² (455 ft²)
Storage 12.36 m² (133 ft²)
Total 54.61 m² (588 ft2)
EPC rating
To be assessed.
Rating assessment
The rateable value of the premises as at 1 April 2023 is £6,600 and the estimated rates payable for the current year is £3,293.40. This is based on the standard uniform business rates multiplier of 49.9p in the pound. The property is eligible for full business rates relief, subject to certain criteria. 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 £7,500 (Seven Thousand Five Hundred 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. The premises is not VAT registered.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Anti-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.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.