Front Street, Chester le Street, County Durham, DH3

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

Key Features:

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

Agent Information: • Address: 1 Hood Street, Newcastle Upon Tyne, NE1 6JQ

Full Description: The premises are located on Front Street in the centre of Chester le Street. The A1(M) is located 1.5 miles and with the added benefit of a main line railway station. The retail unit is within the main shopping district and close to ample public parking.The subject property comprises a brick built, two-storey retail unit. To the ground floor there is a large retail area and ancillary space to the rear. On the first floor there is ancillary spaceWe calculate the approximate net/gross internal floor areas to be as follows:Ground Floor 83m² 894ft²Ground Floor Ancillary 45m² 488ft²Second Floor Ancillary 100m² 1,076ft²Total 228m² 2,458ft²EPC - E104The rateable value of the premises as at 1 April 2023 is £19,250 and the estimated rates payable for the current year is £9,605.75. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.The property is available by way of a new lease with terms to be agreed at £15,000 (Fifteen Thousand Pounds) per annum.All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.Each party is to bear their own legal costs involved in the transaction