Rent: £21,000 - £21,000
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 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
E: pete@atretail.co.uk
M: 07713 151 970
Property type: Retail
Rateable value: £19,000
Planning use: E
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