Rent: £6,440 - £6,440
Region: County Durham
Town/City: Houghton le Spring
The property sits prominently on South Hetton Road (A182), the main link between the A690 and the A19, in Easington Lane, a densely populated village within the Houghton le Spring area. There is a loading bay and pedestrian crossing immediately outside of the property and there is ample parking within a short walk.
Arranged over ground floor with customer WC facilities and staff kitchen/WC facilities at the rear.
|Internal Width (max)||4.82m||15’10“|
|Ground Floor Sales||46m²||495ft²|
The premises are occupied by way of an existing effective FRI lease expiring 27th February 2027 at a passing rental of £6,440 per annum exclusive.
Sub Leases and Short-Term Deals will be considered subject to negotiation.
The property has an Energy Performance Certificate of Band D (92). A copy of the EPC is available upon request.
|Estimated Rates Payable||£2,070|
Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
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.
For enquiries, viewing, and general information, please contact:
T: 0191 280 4237
M: 07949 938210
Property type: Retail
Rateable value: £4510
Download property details document
Get in touch with our local expert consultants to start a discussion about your requirements.
© Copyright 2021
Site delivered by Cargo Creative