Retail Property (high street) for sale

Cheapside, Spennymoor

Offers in Region of £70,000

Property Description

Key features

  • Ground Floor Retail Extending 97 m2 (1,044 f2)
  • Prominent Town Centre Location
  • Nearby Occupiers Include JD Wetherspoon, William Hill, Boots Pharmacy & Lloyds Bank
  • Freehold Offers in the Region of £70,000

Full description

SITUATION

Spennymoor is a busy County Durham town situated 7 miles South West of Durham and 14 miles North of Darlington. The town benefits from good communications being situated 3 miles to the West of Junction 61 of the A1 (M) (which links the town to the A1 (M) 69 miles to the South).

The property occupies a prominent position on Cheapside, an area which represents the start of the town’s main pedestrianised shopping area.

 

DESCRIPTION

The property comprises a mid terrace, retail unit, of traditional brick construction with single glazed windows in timber frames all under a pitched slate tile roof.

 

The property benefits from a generous frontage which is protected by a large steel roller shutter.

 

ACCOMMODATION

 

Ground Floor Sales – 97 m<sup>2 </sup>(1,044 f<sup>2</sup>)

 

First Floor WC/Storage – 8 m<sup>2 </sup>(86 f<sup>2</sup>)

 

Total - 105 m<sup>2 </sup>(1,130 f<sup>2</sup>)

 

ASKING PRICE

Our client is seeking £70,000 for the benefit of their freehold interest.

 

RATING ASSESSMENT

We understand that the rating assessments on the premises as at 1 April 2010 is  as follows, although we would advise that some assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.

 

Description                  RV                    UBR

Shop & Premises          £6,300              47.1p

 

ENERGY PERFORMANCE

The property has an energy performance rating of 89 within Band D.

 

LEGAL COSTS

Each party is to bear their own legal costs involved in the transaction.

 

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.

 

VIEWING

For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.


More information from this agent

Nearest station

  • Bishop Auckland (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Durham

26-27 New Elvet, Durham, DH1 3AL

0191 687 0399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Bishop Auckland (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Durham

26-27 New Elvet, Durham, DH1 3AL

0191 687 0399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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