Restaurant to rent
Property description & features
The property is situated on Front Street which is the main retail parade within the County Durham town of Chester Le Street. The subject premises are located centrally on Front Street which comprises a mixture of local and national operators, with many having recently concluded acquisitions in the town centre. Neighbouring occupiers include Barclays, Shoezone, Santander and Boots.
Chester Le Street is a market town in County Durham with a district population of 53,672 and situated approximately 10 miles south of Newcastle upon Tyne and close to the junction of the A167 and A1(M).
DESCRIPTION
The subject property comprises of a brick-built building with a stone render to the ground floor section beneath a flat felt roof. The ground floor comprises glazed frontage with carpeted floor and ready to fit out sales area. The first floor provides storage, kitchen and w/c facilities.
ACCOMMODATION
Ground and First floor 128.8m² 1,386ft²
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and premises £18,000 £8,982
We are advised that the rateable value of the premises as at 1 April 2017 is £18,000 and £3,050 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 RATING
Rating to be confirmed
TERMS
The property is available to let by way of a new FRI lease for a term of years to be agreed at £16,000 (Sixteen Thousand Pounds) per annum. Flexible terms may be available.
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.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In 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.
VIEWING
For general enquiries and viewing arrangements please contact Joseph I’Anson at Bradley Hall.
[use Contact Agent Button]
[use Contact Agent Button]
Places of interest
See more properties like this:
*DISCLAIMER
Property reference DRH220152_L. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Durham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.