Property for sale
Property description & features
- Tenure: Freehold
- Excellent Commercial Location
- Long Secure Lease in place
- Fully Fitted Out Unit
- Further Prospect of Future Development Subject To Planning
Located on the bustling Front Street in Chester le Street, this commercial property offers an exceptional investment opportunity. Boasting an excellent commercial location, this property is currently home to a kitchen and bathroom showroom, fitted out to a high standard.
The property features a long secure lease in place, with a 10-year lease commencing from July 2022. Rent reviews are scheduled every 5 years, with the annual rent set at £22,000. Additionally, the tenant is responsible for the annual building insurance separately, making this a lucrative investment for those seeking steady and secure long-term income.
With further prospect of future development subject to planning, this property presents endless possibilities for growth and expansion. The spacious internal area provides ample room for customization and expansion, catering to a variety of business needs.
Situated in the heart of Chester le Street, this property is surrounded by a vibrant community and offers easy access to nearby amenities. Nearby points of interest include Chester-le-Street Station, Cestria Primary School, Park View School, and St Cuthbert's Catholic Primary School, providing convenience and accessibility for both customers and employees.
Don't miss out on this rare opportunity to own a fully fitted out unit in a prime commercial location. For further information and to arrange viewings, please contact our office today.
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*DISCLAIMER
Property reference HeL5XSiqY2k. 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 Spire Property Group & Consultants - Sunderland.
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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
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