Office to let in Old Elvet, Durham DH1

Location

The city of Durham lies approximately 18 miles to the south of Newcastle Upon Tyne, 15 miles west of Sunderland and approximately 20 miles from Teesside and Darlington. The city boasts the world heritage sites Cathedral and Castle complex in the heart of the city centre.

The mainline railway station lies approximately ¼ of a mile from the sub-ject property at the top of North Road allowing easy access north and south by the main East Coast intercity railway network. The subject property occupies a prominent position within Old Elvet close to the junction with Court Lane.

Description

The subject premises is a built brick terraced property under a pitched slate tiled roof. The property has timber frame single glazed windows, perimeter trunking, kitchen, w.c facilities, a lift, electric central heating, carpeted throughout, intercom system and fluorescent tube lighting.

Accommodation

Second Floor Office NIA 49.52 m² 533 ft²

Rating assessment

Description rv Estimated Rates Payable
Second Floor £4,200 £2,095.80
Offices & Premises

We are advised that the rateable value of the premises as at 1 April 2017 is as stated above 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 property is available to let for an annual rent £6,000 (six thousand pounds) with years to be agreed.

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.