Retail premises to let in Saddler Street, Durham DH1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
The property is located in Durham City Centre. Durham is an attractive and historic Cathedral City located in the north east of England. The city is located 17 miles south of Newcastle and 13 miles south west of Sunderland. Durham benefits from excellent road links the City Centre is located 2 miles west of the A1 (M) which provides access to nearby cities such as Sunderland and Newcastle. Neighbouring occupiers include Fat Hippo, Tango, Zizzi’s and Flat White Kitchen.
Description
The property is a grade II listed building with a prominent frontage on the busy pedestrianised Saddler Street in Durham City Centre. The property has been recently refurbished to an empty shell condition ready to fit out. W/C facilities can be provided.
Accommodation
We calculate the approximate net/gross internal floor areas to be as follows:
Ground floor retail 20.03 m² 216 ft²
EPC rating
D84
Rating assessment
The rateable value of the premises as at 1 April 2023 is £10,750 and the estimated rates payable for the current year is £5,364.25. 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.
Terms
The property is available by way of a new lease with terms to be agreed at £17,500 (Eighteen Thousand Pound) 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.
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 we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide 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.