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Seaton Carew, 12 Station Lane

Rent: £5,657 - £5,657

Town/City: Hartlepool


SITUATION
The property sits prominently on Station Lane, close to its junction with The Front, which runs along the seafront, a popular attraction for locals and visitors to the area. Seaton Park with its car park is located directly opposite and Seaton Doctors Surgery and the train station are within a short walk.

 

ACCOMMODATION
Arranged over ground floor only with customer WC facilities and staff kitchen/WC facilities to the rear.

Internal Width 5.72m 18’9“
Shop Depth 8.10m 26’6”
Ground Floor Sales 44m² 476ft²
Staff Kitchen 4m² 44ft²
Customer WC’s 3.6m2 39ft2

LEASE TERMS
The premises are occupied by way of an existing effective FRI lease expiring 27th February 2027 at a passing rental of £5,657 per annum exclusive. Next rent review is 25th March 2021.
Sub Leases and Short-Term Deals will be considered subject to negotiation.

 

EPC
An Energy Performance Assessment has been arranged and a full copy will be available soon upon request.

 

BUSINESS RATES

Rateable Value £2,850
2020/2021 UBR £0.499
Estimated Rates Payable £1,422

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.

 

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: £2850

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