Key features
- Retail unit to let
- Prominent high street location
- Total size of 79.21 m² (853 ft²)
- Located opposite Durham Bus Station
- EPC Rating D92
- Would suit a variety of uses (STPP)
- Car parking near by
- Situated on North Road
- Durham Bus Station opposite
- 0.1 miles from A690
Description
LOCATION
The subject property is situated on North Road, which is a commercial linear retailing street, running from the prime shopping area of Silver Street to the bus station situated at the north west end of North Road, within Durham City Centre. Durham bus station is located directly opposite the property and neighbouring occupiers include Tesco, The British Heart Foundation and William Hill. Durham train station is also a 5-minute walk from the property.
DESCRIPTION
The subject property comprises of a brick built two storey building. The ground floor provides extensive glazed frontage with sales area, kitchen and w/c facility to the rear.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
Retail Area 54.31 m² 585 ft²
Kitchen/Storeroom 20.92 m² 225 ft²
W/C 3.98 m² 43 ft²
Total 79.21 m² 853 ft²
EPC RATING
D92
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £17,250 and the estimated rates payable for the current year is £8,607.75. 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.
TERMS
The property is available by way of a new lease with terms to be agreed at £27,000 (Twenty-Seven Thousand Pounds) per annum.
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.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 383 9999
Email: [email protected]
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Rear of 73 North Rd, Durham, DH1 4RZ
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