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Chilton, 12-13 Durham Road

Rent: £11,000 - £11,000

Region: County Durham

Town/City: Durham


SITUATION
Located on a busy road near to a local post office and directly opposite Chilton & Windlestone Working Men’s Club, serving the surrounding residential area.  Chilton lies on the A167, approximately 5 miles to the east of Bishop Auckland and 10 miles north-west of Middlesbrough, with easy access to Junction 60 of the A1(M).

 

ACCOMMODATION
Arranged over ground floor only, comprising a sales area with customer/staff WC facilities and storage area to the rear.

Internal Width 8.69m 28’6“
Shop Depth 9.92m 32’7”
Ground Floor Sales 78m² 835ft²
Ground Floor Stores 32m² 347ft²
Customer WC’s 8m2 88ft2

LEASE TERMS
The premises are occupied by way of an existing FRI lease expiring 7 th February 2027 at a passing rental of £11,000 per annum exclusive. There is a break option on 24th March 2023 and the next rent review is 8th February 2022.
Sub Leases and Short-Term Deals will be considered subject to negotiation.

 

EPC
The property has an Energy Performance Certificate of Band D (77). A copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £4,950
2021/2022 UBR £0.499
Estimated Rates Payable £2,470

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: Retail

Rateable value: £4,950

Planning use: Sui Generis

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