Retail premises to let in Beech Road, Durham DH1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
The subject property is located on Beech Road in Framwellgate Moor, Durham; situated on a retail parade. The property benefits from fantastic transport links, with bus stops located opposite the premises, Durham Train Station only 1.5 miles away, and quick access onto the A1(M) via the A690, only 1.4 miles from the property.
Description
The subject property comprises of a commercial unit to the ground floor. The ground floor retail unit is fully fitted as a hairdresser, with a front and rear area, kitchen, and W/C. There is on street parking to the front of the property.
Accommodation
Front sale 71m² 764ft²
Rear sales inc. Beauty Room 38m² 411ft²
Total 109.2m² 1,175ft²
Rating assessment
The rateable value of the premises as at 1 April 2023 is £6,400 and the estimated rates payable for the current year is £3,193.60. 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.
Business opportunity/goodwill/inventory
This opportunity comes with the benefit of leasing the property as a going concern for a premium. The existing occupier is an established business and accounts and an inventory list are available upon request.
EPC rating
To be assessed
Terms
The property is available to let at £15,000 (Fifteen Thousand Pounds) per annum, for a term of years to be agreed in addition to a premium for the goodwill associated with the business. Further details are available on request.
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.