Property description

SITUATION

Chester-le-Street is a large market town situated approximately six miles north of Durham City and some nine miles south of Newcastle-upon-Tyne, being close to the A1(M) motorway and having a main line British Rail Station.

The premises are situated on Front Street being the main centre of Chester-le-Street and its retailing facilities that include the St Cuthbert’s Walk Shopping Centre. The Post Office is directly adjacent to the subject premises

DESCRIPTION

The premises comprise a traditional two storey end terrace property of brick construction with a rendered front elevation and pitched roof with a slate cover. 

ACCOMMODATION

The accommodation briefly comprises:

Ground Floor                          39.405 m²               (424.14 sq ft)

Ground Floor WC                   3.212 m²                (34.57 sqft)

TERMS

The property is currently available on the basis of a new lease for a term in multiples of three years subject to 3 yearly upward only rent reviews and on EFRI terms. 

RATING ASSESSMENT

We understand that the rating assessments on the premises as at 1 April 2010 is  as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.

Description                            RV                          UBR

Office & Premises                   £9,700                     0.471

As a new occupier rights of appeal may exist against this assessment.  For further information contact our Rating Department at this office.

LEGAL COSTS

The ingoing tenant is to be responsible for our clients reasonable 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.

Property Features :

• Retail Unit To Let
• Located on principle shopping street, Chester-Le-Street
• New EFRI Lease
• Excellent Window Space
• NIA 39.405 m2 (424.14 sqft)