Rent: £40,000 - £40,000
Region: County Durham
Town/City: Chester le Street
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, which is nearby.
ACCOMMODATION
A split-level property arranged over ground and first floors, made up largely of office space, staff welfare facilities and a small parking area to the rear.
Internal Width (front) | 9.54m | 31’3“ |
Shop Depth | 25.00m | 82’1” |
Ground Floor | 216m² | 2,320ft² |
First Floor Offices/Staff | 165m² | 1,779ft² |
LEASE
The premises are held by way of a FRI lease for a term expiring 20th April 2026 at a passing rental of £40,000 per annum exclusive.
TERMS
Incentives are available to an ingoing occupier subject to status.
EPC
Further details of the Energy Performance Certificate to follow
BUSINESS RATES
Rateable Value | £30,250 |
2022/2023 UBR | £0.499 |
Estimated Rates Payable | £15,095 |
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:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210
Property type: Leisure, Retail
Rateable value: £30,250
Planning use: E
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