Chester le Street, 54 Front Street

Rent: £15,000 - £15,000

Sale price: £Price on Application

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 with a small external courtyard and offers the following approximate floor areas and dimensions:

Gross Frontage	4.55m	14’11“
Ground Floor Sales	81.9 m²	882 ft²
First Floor Offices/Staff	39.5 m²	425 ft²

LEASE / FREEHOLD
A new lease available from May 2024 is available on terms to be agreed, at a commencing rent of £15,000 pax.
The Freehold sale of the building may be considered subject to a proposal.

 

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	£12,250
2023/2024 UBR	£0.499
Estimated Rates Payable	£6,113*

Please note there is potential of in excess of 90%rates relief on the above figures. 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 @retail or our joint agent, Sampson Moore
Peter Townsend
E: pete@atretail.co.uk
M: 07713 151 970

or

Stephen Moore

E: srsmoore@sampsonmoore.co.uk

M: 07711 718 516