Restaurant to rent
Property description & features
Ideally positioned within an excellent trading position on Newgate Street in the Market town of Bishop Auckland with surrounding units including Specsavers, Greggs and CEX. Bishop Auckland is a well- established market town. Durham City is approximately 12 miles to the north east and Darlington is approximately 13.5 miles to the south. Bishop Auckland offers a great selection of transport links to nearby towns and cities.
DESCRIPTION
The subject property comprises a retail premises with an extensive and prominent frontage with floor to ceiling windows within a four storey, brick-built building. Internally there is a large retail area to the front of the shop with concrete beams spread throughout. To the rear of the property there is staff w/c facilities, office space and rear access to the car park and bin storage with access to the upper floors also to the rear.
Ground 866.00 sq m 9,322 sq ft
First 470.96 sq m 5,069 sq ft
Second 221.65 sq m 2,386 sq ft
Third 181.36 sq m 1,952 sq ft
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premises £59,000 £30,208
We are advised that the rateable value of the premises as at 1 April 2017 is £59,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Large Business Rate Multiplier of 51.2p in the pound. However, interested parties should confirm the current position with the Local Authority.
EPC RATING
C68
TERMS
The property is available by way of a new lease with terms to be agreed. Further information is available on request.
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 DRH220139_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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