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Retail Property (high street) for sale

64 Front Street

£175,000

Property Description

Key features

  • Ground floor retail and first floor residential accommodation
  • Prominent Front Street location
  • Free off street car parking available
  • Excellent fit-out internally
  • 2 bedroom residential apartment
  • Asking price of 175,000

Full description

SITUATIONSherburn is primarily a retail suburb of Durham within easy access to the employment centres of Peterlee, Sunderland and Seaham to the east and Durham to the west with easy access to the A1(M) Motorway giving easy access throughout the North East region. Retailing in the Sherburn Village area is primarily local convenience retailing with approximately 10 shopswhich include the Co-op Convenience Store, a newsagents & Post Office to name but a few.The subject property is located on the busy front street and right on the crossroads in the heart of the village and provides a very prominent location with off street car parking to the front.DESCRIPTIONThe subject property is a detached commercial property with residential to the first floor.CommercialTo the ground floor the salon is very tastefully decorated and comprises: UPVC double doors, suspended ceiling, laminate flooring, reception area, treatment rooms along with Kitchen and WC facilities.ResidentialTo the first floor the property benefits from:Lounge 3.99m x 4.39mKitchen 3.29m x 1.96mBedroom 1 3.25m x 2.95mBedroom 2 3.00m x 2.59mYardThe property benefits from a fully fitted kitchen with washer, dryer and integrated oven and hob. The spacious lounge area and bedrooms are fully carpeted throughout and would provide ideal living accommodation for up to 3 people.TERMSThe property is available for sale with an asking price £175,000 (One Hundred And Seventy Five Thousand Pounds) for the benefit of our clients freehold interest.RATING ASSESSMENTDescription RV Estimated Rates PayableShop andPremises £4,050 £1,960.20We are advised that the rateable value of the premises as at 1 April 2010 is £4,050 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.4p in the pound. However, interested parties should confirm the current position with the Local Authority.As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction.EPCTo be assessedVATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact Joseph I’Anson at sole agents Bradley Hall. Email: joseph.ianson@bradleyhall.co.uk

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