Front Street, Chester le Street, DH3

Property Details: • Type: Restaurant • 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: 26-27 New Elvet, Durham, DH1 3AL

Full Description: LOCATIONThe premises are located at the junction of Front Street and Middle Cha-re, 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 offices are within the main shopping district and close to ample public parking.DESCRIPTIONThe property provides ground floor retail accommodation with glazed frontage and front sales with store and w/c to the rear. ACCOMMODATIONGround floor retail 87.7m² (944ft²)Toilets 2.9m2 (31ft2)Total size of 90.6m2 (975.2ft2)RATING ASSESSMENTDescription RV Estimated Rates PayableShop and Premises £17,250 £8,607.75We are advised that the rateable value of the premises as at 1 April 2017 is £17,250 and we have estimated the accrual rates payable for the current year above. 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.EPC RATINGD78TERMSThe property is available to let by way of a new EFRI Lease for a term of years to be agreed at an asking rent of £18,000 per annum. VATAll 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.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction. MONEY LAUNDERING REGULATIONSIn accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.VIEWINGFor general enquiries and viewing arrangements please contact Joseph I’Anson at Bradley Hall.Tel: Email: joseph. Marc.