Retail premises to let in Front Street, Chester Le Street DH3

Situation
Chester le Street is a market town in County Durham, 11 miles south of Newcastle upon Tyne and 8 miles north of Durham. The town has a population of over 38,000, is close to the A1(M) and has a railway station on the East Coast Main line. There is ample parking in the immediate area within a short walk, with 2 hours free parking at the rear of the St Cuthbert’s Shopping Centre nearby.

Accommodation
The accommodation is arranged on ground and first floors and offers the following approximate floor areas and dimensions:

Gross Frontage
10.5m
24’6“

Ground Floor Sales
184 m2
1,984 ft2

Ground Floor Store
16 m2
168 ft2

First Floor Offices/Staff
83 m2
890 ft2

lease
A new lease subject to Vacant Possession is available on terms to be agreed, at a commencing rent of £21,000 pax.

Terms
Incentives are available to an ingoing occupier subject to status.

Energy performance certificate
The unit has an EPC rating of C74. A copy of the certificate is available upon request.

Business rates

Rateable Value
£19,000

2023/2024 ubr
£0.499

Estimated Rates Payable
£9,481*

Please note there is a potential further reduction of 75% on the above figures in 2023/24. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information, please contact:
Peter Townsend
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