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Property Listing Details

Property details

  • Floor area 1,040 sq. ft

Listing view statistics

Last 30 days: 5 page views

Since listed: 320 page views

Description

Situation

Consett is a major County Durham town located approximately 14 miles south-west of Newcastle upon Tyne and 14 miles northwest of Durham City. It is a shopping focus for Derwentside with a realistic catchment population of some 90,000.
The town has benefited enormously from substantial investment in recent years and is now home to a number of thriving businesses, the
Genesis project has and will continue to generate further success for business parks, recreation and leisure centres and further residential
housing is planned. The property is situated on the busy Durham Road in Consett in the heart of a built up residential area. Notable nearby occupiers include Tesco along with takeaway users and other amenities.
Description

The property comprises a two storey stone built retail premises with apartment to the first floor, under a slate tile roof.
Access to the property is provided via the front entrance that is covered by shutters. Internally the premises comprises front sales
area with counter and display racking with the benefit of office, storage and w/c facilities to the rear. To the first floor the apartment benefits from kitchen/lounge, bedroom and bathroom. There is a tenant in occupation on a rolling tenancy generating £4,400 per annum.
Accommodation

Ground Floor Retail - 50.86 m² (547 ft²)
First Floor Apartment - 45.87 m² (493 ft²)
Total Area - 96.73 m² (1,041 ft²)
Terms

Our client is seeking offers of £139,950. Full business trading accounts are available with a turnover of c.£170,000 in the previous year including a healthy wage for the owners and a profit for the business year on year. Full details available on request.
Rating assessment

Description rv Estimated Rates Payable
Shop & Premises £4,350 £2,088
We are advised that the rateable value of the premises as at 1 April 2017 is £4,350 and we have estimated the accrual rates
payable for the current year above. This is based on the standard Small Business Rate of 48.0p in the pound. However, interested
parties should confirm the current position with the Local Authority.
Legal costs

Each party is to bear their own legal costs involved in the transaction.
VAT

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.
Viewing

For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors on .
Agents notes

You may search our company website for details of all our current instructions. In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed. A copy of the Code of Leasing Business Premises: England and Wales can be obtained at or obtained
from the Royal Institution of Chartered Surveyors, Telephone .

Map & Nearby

Local Amenities

  • Stocksfield 6.5 miles
  • Prudhoe 7.3 miles
  • Benfieldside Primary School 0.2 miles
  • St Mary's Roman Catholic Voluntary Aided Primary School, Blackhill 0.4 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Stocksfield 6.5 miles
  • Prudhoe 7.3 miles
  • Benfieldside Primary School 0.2 miles
  • St Mary's Roman Catholic Voluntary Aided Primary School, Blackhill 0.4 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Bradley Hall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall for full details and further information.