Retail Property (high street) to rent

5 Market Street

£4,500 pa| £375 pcm

Property Description

Key features

  • To Let By Way of Assignment
  • Lease Expires 01/07/2019
  • Up to 2 Years Half Rent
  • Ground Floor NIA 640 sqft
  • Passing Rent 9,000 per annum
  • Landlord Incentive Available

Full description

SITUATIONThe property is located on Market Street, being in close proximity to the Town Centre and lies within a mixed commercial and residential area.Ferryhill itself is a busy market town located on the A167 which provides access towards Durham (North) and Darlington (South).DESCRIPTIONThe property comprises of a ground floor retail unit which benefits from a front sales area, a rear store as well as W/C’s.ACCOMMODATIONGround Floor NIA – 59.33m2 (640sqft)TERMSTo let by way of assignment.Current lease expires on 15.07.2019.Up to 2 years ½ rent on assignment.PASSING RENTCurrent passing rent is £9,000pax.LEGAL COSTSEach party to bear their own legal costs incurred in this 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 stations

  • Bishop Auckland (5.3 mi)
  • Shildon (5.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, 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 stations

  • Bishop Auckland (5.3 mi)
  • Shildon (5.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, 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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Property reference 139. 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 Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial.

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