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Retail Property (high street) to rent

23 High Street South

£9,500 pa| £792 pcm

Property Description

Key features

  • Ground floor retail space available
  • NIA of 61.3m (659.8ft)
  • Popular retail and residential location
  • EPC Rating C58
  • 1.5 miles south of Durham City Centre
  • Rental of 9,500 per annum

Full description

SITUATIONThe property is located on the High Street South in Langley Moor. The street has a strong retail presence yet also situated in a popular residential area. High Street South is on the A690, which is the direct route to Durham only 1.5 miles away. Langley Moor is easily accessible to both the A167 and the A1 creating good links to the north and south.DESCRIPTIONThe property comprises a well presented ground floor retail unit with external storage and W/C facilities. Internally there are currently two trading areas although this space could be opened up to create one large space. Externally the property has recently had a new aluminum shop front fitted as well all new rendering. There is a rear yard with access to the back street as well as a semi-permanent garage structure.ACCOMMODATIONThe unit has been measured in accordance with the latest addition of the RICS Code of Measuring Practice and has the following approximate net internal areas:Shop: 61.3m² 659.8ft²Garage: 19.8m² 213.12ft²TERMSThe premises is available to let at £9,500 per annum for a period of years to be agreed. RATING ASSESSMENTDescription RV (2010) RV (2017)Shop & £4,800 £4,800 PremisesWe are advised that the rateable value of the premises as at 1 April 2010 and the draft for April 2017 is £4,800 and. However, interested parties should confirm the current position with the Local Authority. As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSBoth parties to pay their own legal fees.EPC RATING This property has an EPC Rating of C58.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 Kristian Sorensen at sole agents Bradley Hall Chartered Surveyors.Tel: 0191 232 8080Email: Kristian.sorensen@bradleyhall.co.uk


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