Retail Property (high street) to rent

4 King Street

£12,000 pa

Property Description

Key features

  • Benefits from A5 Planning Consent
  • Prominent Town Centre Location
  • Ground Floor Sales 13.44 sq m (145 sq ft), Rear Kitchen Area 29.18 sq m (314 sq ft)
  • First Floor Comprises a Two Bedroom Residential Apartment
  • Nearby Occupiers Include JD Wetherspoon, William Hill, Boots Pharmacy & ASDA Supermarket
  • New FRI Lease Avaliable at a Rent of 12,000 pax

Full description

SITUATIONSpennymoor 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 King Street, at the junction of St Andrews Lane and Cheapside, an area which represents the start of the town’s main pedestrianised shopping area.DESCRIPTIONThe property comprises a mid terrace, retail unit, of traditional brick construction with double glazed uPVC windows and a large steel roller shutter, all under a pitched slate tile roof.Internally the property provides a fish and chip shop with customer and sales area with hot food counter, service counter and stainless steel commercial kitchen with food preparation area. To the rear is further kitchen/food preparation area with commercial chiller. The first floor provides a two bedroom residential flat with shower/wc.ACCOMMODATIONGround Floor Sales Area and Kitchen 13.44 m2 145 ft2Rear Kitchen 29.18 m2 314 ft2Outhouse Store 11.74 m2 126 ft2WCFirst Floor Flat/Stores 38.17 m2 411 ft2WCTotal Net Internal Area 92.53 m2 996 ft2ASKING PRICEThe property is available by way of a new FRI lease for a term of years to be agreed at a rent of £12,000 pax.RATING ASSESSMENTWe 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 UBRShop & Premises £3,450 47.1pENERGY PERFORMANCEAwaiting EPC ratingLEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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 sole agents Bradley Hall Chartered Surveyors.AGENTS NOTESYou may search our company website www.bradleyhall.co.uk for details of all our current instructions.In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.A copy of the Code of Leasing Business Premises: England and Wales can be obtained at www.leasingbusinesspremises.co.uk or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.


More information from this agent

Nearest station

  • Bishop Auckland (4.4 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, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

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Map & Street View

Nearest station

  • Bishop Auckland (4.4 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, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 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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