Retail Property (high street) to rent

Middle Street,Consett,DH8

1,355 sq. ft. | £15,000 pa| £1,250 pcm

Property Description

Commercial information

  • 1,355 sq ft (125 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Well fitted retail accommodation well fitted retail accommodation
  • Located in a prominent corner position
  • Easily accessed from Gateshead 10 miles to the north east, via the A692
  • Easily accessed from the A1(M) and Durham to the south via the A961
  • Town provides facilities for a number of food manufacturers, suppliers and various other companies
  • Reduction in business rates and rent
  • Incentives are available

Full description

Tenure: Leasehold

LOCATION
Consett is an established market town, with a residential population of 24,828 (according to the 2011 Census). The town provides facilities for a number of food manufacturers, suppliers and various other companies, and has recently been expanded with significant new housing development. Consett is easily accessed from Gateshead 10 miles to the north east, via the A692, and from the A1(M) and Durham to the south via the A961.

The property is located in a prominent corner position at the southern end of the pedestrianised Middle Street, the towns prime retail pitch, and Front Street. Nearby national occupiers include Heron Frozen Foods, Ladbrokes and Coral Bookmakers, as well as a number of local retailers and public houses.

ACCOMMODATION
The property provides well fitted retail accommodation over two floors, and benefits from rear loading to a communal service yard and a good return frontage. The unit gives the following approximate floor areas:

Ground Floor Sales 1355 sqft 126 sqm
Ground Floor Storage 169 sqft 16 sqm
First Floor 1160 sqft 108 sqm
Internal Width 20' 7" 6.3 m
Shop Depth 66' 10" 20.4m

LEASE TERMS
The premises are available by way of a new Full Repairing and Insuring lease, for a term of years to be agreed, at an initial rent of 15,000pa.

Incentives are available to incoming tenants, subject to status. These include a rent free period or stepped rental arrangement

RATING ASSESSMENT
According to the Valuation Office Website - https://www.gov.uk/correct-your-business-rates, the 2017 Draft Rating Assessment is as follows:-

Rateable Value 15,000

According to the same website the estimated rates payable is as follows:-

Rates Payable for year commencing 1 April 2017 9,873

Interested parties should make their own enquiries as subject to individual circumstances the actual amount payable may vary.

EPC
The Energy Performance Asset Rating is Band E (107). A full copy of the EPC is available for inspection if required.

More information from this agent

Nearest station

  • Stocksfield (7.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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.

Floorplans


To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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.

Map & Street View

Nearest station

  • Stocksfield (7.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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 2_Middle_Street_DH85QJ. 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 @retail, Newcastle Upon Tyne.

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