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, HSBC and Card Factory.
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. Furthermore, the property benefits from ground floor sales and to the first floor the space is used for storage and office space. The unit also benefits from glazed frontage with roller shutter over the recessed door.
ACCOMMODATION
Ground Floor Sales 67.81m² 730ft²
First Floor Sales 37.44m2 403ft2
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premises £16,000 £7,680
We are advised that the rateable value of the premises as at 1 April 2017 is £16,000 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
D90
TERMS
The property is available to let by way of a new FRI lease for a term of years to be agreed.
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.
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Property reference DRH220153_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.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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
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