Retail premises for sale

Galgate, Barnard Castle DL12

Location
Barnard Castle is an affluent market town located in south County Durham lying approximately 25 miles south west of Durham on the northern bank of the river Tees. The property is situated on Galgate, the main roads into the town (A67).
Description
The substantial property has been occupied as a Hardware/diy store for many years and unusually extends from Galgate through to Morrisons car park at the rear from which is has an active retail frontage with separate access. The premises provide spacious retail space on the ground floor together with storage and office accommodation at first floor level also having a small cellar.
Accommodation
The property briefly comprises as follows:-

Accommodation ft2 m2
Ground Floor
Sales Area 650 60.39

Rear Sales 3599 334.35

Store 330 30.66

First Floor
Offices/Stores 766 71.16

Cellar – not measured
total 6345 589.45

Tenure
We are advised the property is Freehold.
Asking Price
Offers in the region of £375,000 (three hundred and seventy five thousand pounds).

Leasehold
Alternatively a new Lease is available at a commencing annual rental of £30,000 on terms to be agreed.
VAT

We are advised the property is not elected for VAT.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Strictly by prior appointment.
Contact – Mario Jaconelli or Alexa Reavley
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• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £23,000. The Uniform Business Rate for the Rates Year 2025/2026 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref DC1155 EPC Awaiting information

Agents Note
Our clients may give consideration to a sale of the business as a going concern to include staff, stock and fixtures and fittings by separate negotiation. Further details on request.