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Office to rent

16 North Burns

£5,000 pa

Property Description

Key features

  • Suites avaliable from 72 sq m (775 sq ft) to 233.75 sq m (2,516 sq ft)
  • New Effective Full Repairing and Insuring Lease
  • Situated Above a Retail Parade at the North End of the Primary Shopping Street Overlooking the Market Place
  • All Inclusive Rents Negotiable
  • Incentives Avaliable
  • Rent from 7.50 psf

Full description

SITUATIONChester-le-Street is a large market town situated approximately 6 miles to the north of Durham City and 9 miles to the south of Newcastle Upon Tyne. Access to the A1(M) is obtained approximately 1 mile to the north east of the town centre. The subject property is situated at the north end of the main retail area of the front street close to Market Place which has 3 busy Market days a week. Surrounding occupiers include Your Move, Franks Factory Flooring and a Tesco Superstore.DESCRIPTIONThe property is accessed via a common stairway from street level to the front of the property. This suite provides a main open plan area with 2 smaller individual offices.There are shared WC facilities within the building and we understand that mains electricity and water are both connected.ACCOMMODATIONThe accommodation briefly comprises:First Floor Office (NIA)Suites 2 & 3 72.00m² (775sq ft)Suite 5 73.39m² (790sq ft)Plus WCTERMSNew EFRI lease for a term of years to be agreed.RENTALOnly £7.50 psf – Incentives negotiableRATING ASSESSMENTWe understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.Description RV UBRSuites 2 & 3Office & Premises £5,100 £0.484Suite 5Office & Premises £4,550 £0.484Suite 6Office & Premises £6,600 £0.484As a new occupier rights of appeal may exist against this assessment. For further information contact our Rating Department at this office.LEGAL COSTSThe ingoing tenant is to be responsible for our clients reasonable 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.


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