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Restaurant to rent

65 - 67 Northgate, Darlington, DL1

2,168 sq. ft. | £75,000 pa| £6,250 pcm

Property Description

Commercial information

  • 2,168 sq ft (201 sq m)
  • Use class orders: A1 Shops, A2 Financial and Professional Services, A3 Restaurants and Cafes, A4 Drinking Establishments and A5 Hot Food Take away

Full description

LOCATION
The subject property is situated in the centre of Darlington’s primary retail pitch of Northgate opposite BHS and M&S and in between Peacocks, Halifax and Boots. Other nearby occupiers include Hotter Shoes, Greggs, Trespass and Next.

Darlington is an historic and pedestrianised market town approximately 35 miles South of Newcastle. It is has a town population of approximately 97,838 persons (2001 census) with 840,000 living within a 30 mile drive time.

Darlington is the 5th largest shopping centre in the North East behind Newcastle, Metro Centre, Sunderland and Middlesbrough and offers a bustling and traditional retail offering with a House of Fraser Department Store and two covered shopping centres.

DESCRIPTION
The premises provide ground and first floor sales with ancillary accommodation located on first and second floors and benefits from service access to the rear.

ACCOMMODATION
From our measured inspection we calculate that the unit comprises the following approximate net internal areas and dimensions:

Gross frontage 12.5 m (41’00’’)
Net frontage 11.3 m (37’01’’)
Shop width 11.7 m (38’05’’)
Shop depth 19.6 m (64’02’’)
Ground Floor Sales 201.4 m² (2,168 sq ft)
First Floor Sales 218.8 m² (2,355 sq ft)
Second Floor Ancillary 253.3 m² (2,726 sq ft)

RATING ASSESSMENT
Rateable Value (2010) - £95,500
UBR 2016/2017 – 49.7p in the £

The actual rates payable may vary due to Transitional Relief arrangements. Accordingly interested parties should verify the actual figure payable with the Local Rating Authority.

TERMS
The premises are available To Let by way of a new effective full repairing and insuring lease for a minimum term of 10 years at a commencing rental of £75,000 per annum exclusive. Available from June 2016.

LEGAL FEES
Each party is to be responsible for their own legal fees incurred with any transaction.

VAT
Any references to price, premium or rent are deemed to be exclusive of Value Added Tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance certificate is being commissioned. Asset rating to be confirmed.
A full copy of the EPC is available for inspection if required.


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