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Hartlepool, 172 – 174 Raby Road

Rent: £11,596 - £11,596

Town/City: Hartlepool


SITUATION
The property is located within the Dykes House area of Hartlepool, which has recently benefitted from several substantial residential developments in the immediate surrounding area. The premises occupy a prominent position close to the junction of Brougham Terrace and Raby Road, which is one of the main secondary roads into the town centre.

 

ACCOMMODATION
Arranged over ground floor only with rear stores/kitchen and customer/staff WC facilities. Please note there is no access to the first-floor.

Gross Frontage 10.72m 35’2“
Built Depth 10.69m 35’1”
Internal Width 10.26m 33’8”
Ground Floor Sales 99m² 1,063ft²
Kitchen/Customer WC’s 7m² 80ft²

LEASE TERMS
The premises are occupied by way of an existing FRI lease expiring 27th February 2027 at a passing rental of £11,596 per annum exclusive. The next rent review is in March 2021.  Sub Leases and Short-Term Deals will be considered subject to negotiation.

 

EPC
Details to follow.

 

BUSINESS RATES

Rateable Value £12,500
2020/2021 UBR £0.499
Estimated Rates Payable £6,238

Given the Rateable Value is around £12,000, the current rates relief for the property equates to almost 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

 

VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210

Property type: Retail

Rateable value: £12500

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