101 Front Street, Chester Le Street, County Durham, DH3

Property Details: • Type: 2,458 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Former bank premises arranged over ground and first floor • Total area size of 228 sq m (2,458 sq ft) • VAT is NOT applicable to this property • Located within short walk to Chester train station

Location: • Nearest Station: Chester-le-Street Station • Distance to Station: 0.2 miles

Agent Information: • Address: 54 Welbeck Street, London W1G 9XS

Full Description: Investment Consideration: Vacant possession ERV: £25,000 p.a. GIY: 10.87% VAT is NOT applicable to this property Comprises former bank premises arranged over ground and first floor Total area size of 228 sq m (2,458 sq ft) Residential development potential, subject to obtaining the necessary consents. Located within short walk to Chester Le Street train station and Chester Le Street Library Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more.

Property Description: The property comprises retail premises arranged over ground and first floor. Residential development potential, subject to obtaining the necessary consents. The property provides the following accommodation and dimensions: Ground Floor: Retail 83 sq m (894 sq ft) Ground Floor: Ancillary 45 sq m (488 sq ft) First Floor: Ancillary 100 sq m (1,076 sq ft) Total area size: 228 sq m (2,458 sq ft)

Tenancy: The entire property is at present vacant. ERV: £25,000 per annum

Location: Chester Le Street also known as Chester, is a market town and civil parish north of the River Wear, England. It is in the district, lieutenancy and historic palatine of Durham and is located 7 miles (11 km) south of Newcastle upon Tyne and 8 miles (13 km) west of Sunderland. The town holds markets Tuesdays, Fridays and Saturdays. The property is located within short walk to Chester Le Street train station and Chester Le Street Library. Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more.