Retail Property (high street) to rent

51 Front Street,Chester Le Street,DH3

2,664–3,055 sq. ft. | £3,055 pcm| £705 pw

Property Description

Commercial information

  • 2,664 sq ft (247 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Possibility of subdivision into two smaller units
  • Available for a temporary tenant
  • Situated in the town's principal retailing location
  • Close proximity to shopping centre
  • Situated in close proximity with national retailers
  • Large ground floor retail acoomodation
  • Rear loading and basement storage
  • Fitted to a high standard
  • Ready for immediate occupation
  • Nominal improvements if so required

Full description

LOCATION
Chester Le Street is situated 8 miles north of Durham and 12 miles west of Sunderland, and is easily accessed via the East Coast Main Line or the A1(M), which runs by the west of the town. According to the 2001 census information the town has a population of just over 36,000 persons within the district of 53,692 persons.

The unit is situated on Front Street, the town's principal retailing location in close proximity to St Cuthbert's Walk Shopping Centre which is anchored by a Morrisons Supermarket. Also situated in close proximity with national retailers in the immediate vicinity including Halifax Building Society, Superdrug and Specsavers. Newer tenants in the immediate location include B&M Bargains, Peacocks, Costa and BetFred adjacent.

ACCOMMODATION
The property provides a large ground floor retail unit with rear loading and basement storage and is fitted to a high standard and ready for immediate occupation with nominal improvements if so required.

The unit provides the following approximate areas:-

Ground Floor NIA 247.46 sq m 2,664 sq ft
Basement: 36.34 sq m 391 sq ft
Internal Width 12.35 m 40 ft 6 ins
Shop Depth 22.73 m 74 ft 7 ins

SUBDIVISION
There is potential to subdivide the property into two smaller units, providing the following approximate areas:-

Unit 1 123 sq m 1324 sq ft
Unit 2 91 sq m 980 sq ft

Further details available upon request.

TENURE
The property in full is available by way of a new full 37,500 per annum exclusive.
Rents of the smaller units available upon request.

Various incentives are available to prospective tenants, subject to status.
Further details available upon request.

RATES
We are verbally advised by the Local Rating Authority that the premises are assessed as follows:-
Rateable Value 59,500.00
Rates payable April 2015/16 29,571.50

Interested parties are advised to make their own enquiries with the Local Rating Authority for verification of the above.

VAT
All figures quoted in these terms are exclusive of VAT where chargeable.

LEGAL COSTS
Each party will bear their own legal costs incurred in connection with the transaction.


More information from this agent

Nearest station

  • Chester-le-Street (0.2 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.

Map & Street View

Nearest station

  • Chester-le-Street (0.2 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 51FrontStreetChesterLe. 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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