Retail Property (high street) to rent

LOCATION:

Stanley is located approximately 15 miles south of Newcastle upon Tyne, 12 miles north of Durham and 6
miles west of Chester-le-Street and the A1 motorway.

DESCRIPTION:

The premises are located on Front Street the main pedestrianised area of the town centre. The retail/office area benefits from a plate glass shop front, suspended ceilings with reccessed modular lighting and security shutters. To the rear of the ground floor there is a storage room with a further storage area in the basement. On the first floor there is an office and kitchen area with a wc facility. The premises are heated via electric wall mounted heaters.

ACCOMMODATION:

The approximate principal net internal floor areas are as follows:

Ground Floor
Retail/Office 51.9sqm (559sqft)
Rear Stores 4.8sqm (52sqft)

First Floor
Offices/Stores 45.7qsm (492sqft)
Kitchen 7.3sqm (78sqft)

TERMS OF OFFER:

£85,000 for the benefit of our clients freehold interest. Alternatively our clients will consider leasing the premises for a term and rent review pattern to be agreed at a rental of £7,500 per annum exclusive and
otherwise on a full repairing and insuring basis.

RATEABLE VALUE:

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

List Description: Shop and Premises
Rateable Value: £7,600

VIEWING:

Strictly by appointment through agents. Please contact Richard Rafique on 0191 383 9930

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