Cafe for sale

Market Place, Barnard Castle, County Durham, DL12

200 sq. ft. | £95,000

Property Description

Commercial information

  • 200 sq ft (18 sq m)

Full description

INVESTMENT SUMMARY

 Single Let retail investment
 £6,400 per annum exclusive
 Offers in the region of £95,000 (Ninety-Five Thousand Pounds) exclusive of VAT, Subject to Contract

LOCATION
Barnard Castle is located just north of the much improved A66, approximately 16 miles west of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population. Situated approximately 20 miles West of Darlington.

The property occupies a prominent location on Market
Place close to Heron Foods, Hoppers Jewellers, Superdrug, Holland & Barrett, Boots, and Fat Face and smart independents Zara Country wear and Boho Boo. Surface parking is available on the Market Place immediately opposite.

DESCRIPTION
The unit comprises a single ground floor shop with front access and comprising sales with rear kitchen, store and WC.

ACCOMMODATION
Briefly, the property provides approximate net internal areas:
Ground Floor Sales 18.3 m2 (197 sq ft)
Rear Store & Kitchen 6.0 m2 (65 sq ft)
Rear WC

LEASE
Held on a new 10-year lease to Emma Louise Rowell trading as No 15 Café from 9 June 2016 with upward only rent review on the 5th anniversary. Rent £6,400 pax based on a Tenants Full Repairing and Insuring Lease.

TENURE
Freehold

RATING ASSESSMENT
The property and yard has been assessment for rating purposes at an RV of £3,600.

Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.

EPC
The Energy Performance Asset Rating is Band G (175).

PRICE

Offers sought in the region of £95,000 (Ninety-Five Thousand Pounds) exclusive, Subject to Contract. Presently there is no Stamp Duty payable on a sale at this level.

VAT

VAT is payable on the sale.


More information from this agent

Nearest station

  • Bishop Auckland (12.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 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 (12.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 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 15MarketPlaceBARNARDCASTLE. 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 Connect Property North East Ltd, Stockton-On-Tees. 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.

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