Retail Property (high street) for sale

198 Park Road, South Moor, Stanley, DH9 7AL

312 sq. m. | POA

Property Description

Commercial information

  • 3,358 sq ft (312 sq m)

Key features

  • Ground Floor Retail
  • Four bed residential accommodation above
  • Freehold Title
  • Prominent Position

Full description

Tenure: Freehold

The subject property is of brick construction with pitched tiled roof. The ground floor retail unit has good frontage onto Park Road and there is a four bedroom flat to the first floor with access to the rear elevation of the property. The property has the added security of having roller shutter doors in place.

We have been advised the first floor is currently occupied on an informal basis at 333pcm. The ground floor retail unit are provided with vacant possession.

LOCATION
Located on Park Road South, Stanley the property comprises a ground floor retail unit with one individual four bed flat to the upper floor. The surrounding area has a suitable level of local
amenities available in close proximity to the subject property; these include Spar Local Convenience Store, William Hill Bookmakers, hot food takeaways and a variety of independent local retailers.

Gladedale have also recently completed the residential development at Derwent Views with a help to buy scheme in place. This new residential element is a great benefit to increasing the overall footfall levels on Park Road. Transport links are easily accessible via the A693 and B6532 roads.

ACCOMMODATION
GROUND FLOOR
Traditional full height glazed window frontage, main sales area along with ancillary storage accommodation to the rear. We understand the retail unit comprises the following Net
Internal Area over the ground floor approximately: 312m2 (3,358.3 sq. ft.)

FIRST FLOOR
one four bedroom residential flat.

TENURE
Freehold. Title number DU200772.

RATEABLE VALUE
The adopted rateable value is 15,000 as effective from 01 APRIL 2010.

EPC
We currently await a copy of the Energy Performance Certificate.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

Nearest station

  • Chester-le-Street (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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

  • Chester-le-Street (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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.

Disclaimer - Property reference 3566. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.