Retail Property (high street) to rent

LOCATION:

The property is located on Forebondgate just off Market Place behind Home Bargains and close to Newgate Street the towns main shopping area. Bishop Auckland is the market town for the west of County Durham and Weardale and lies approximately 10 miles south of Durham and 15 miles north of Darlington.

DESCRIPTION:

The premises comprise of a ground floor retail unit with additional showroom and storage space at first floor level. The shop unit has a suspended ceiling with ressessed lighting and benefits from security shutters to the front and rear. There is a wc facility on the first floor.

ACCOMMODATION:

The approximate principle dimensions and net internal floor areas are as follows:

Shop Width 5.53m (18.14ft)
Shop Depth 12.21m (40.05ft)
Ground Floor Sales 58.8sqm (633sqft)
First Floor Showroom/Stores 55.1sqm (593sqft)

RATING ASSESSMENT:

Our internet enquiry reveals that the premises are assessed in the 2010 Rating List as follows:

List Description: Shop and Premises
Rateable Value: £5,300

LEASE:

The premises are available on a new full repairing and insuring lease for a term and rent review pattern to be agreed at a rental of £7,950 per annum exclusive.

LEGAL COSTS:

The ingoing tenant is to be responsible for both parties legal costs incurred in the transaction.

VIEWING:

Strictly by appointment through agents. Please contact Claire Wood on 0191 3839930 or c.wood@jww.co.uk

NB:

Any reference to price, premium or rent will be deemed to be made exclusive of VAT (if applicable) thereon.

The rent is exclusive of rates therefore the tenants will be responsible for the rates.


*ALL OFFERS SHOULD BE SUBMITTED TO THE AGENT*

FOR FURTHER PARTICULARS, VALUATIONS, SURVEY OR FINANCIAL ADVICE CONTACT J. W. WOOD (COMMERCIAL) LIMITED CHARTERED SURVEYORS