Property for sale in Market Street Ferryhill DL17

Sale Price: £9,000

Market Street Ferryhill, DL17 8JN

Property
-- Bed(s)
-- Bath(s)
Not Available Anymore

 14-16, Grey Street, Newcastle Upon Tyne,
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Street Address

Market Street Ferryhill, DL17 8JN

Property description

SITUATION

The property is located on Market Street, being in close proximity to the Town Centre and lies within a mixed commercial and residential area.

Ferryhill itself is a busy market town located on the A167 which provides access towards Durham (North) and Darlington (South).

 

DESCRIPTION

 

The property comprises of a ground floor retail unit which benefits from a front sales area, a rear store as well as W/C’s.

 

ACCOMMODATION

 

Ground Floor NIA – 59.33m2 (640sqft)

 

TERMS

 

To let by way of assignment.

 

Current lease expires on 15.07.2019.

 

Rent review to market rent in 2014.



2 YEARS HALF RENT ON ASSIGNMENT

 

PASSING RENT

 

Current passing rent is £9,000pax.

 

LEGAL COSTS

 

Each party to bear their own legal costs incurred in this 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 and ask for Jonathan Wright

Property Features :

  • Busy Location
  • To Let By Way Of Assignment
  • Lease Expires 15.07.2019
  • Passing Rent £9,000pax
  • SUBSTANTIAL INCENTIVES AVAILABLE
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