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38 Front Street

£12,500 pa| £1,042 pcm fees apply

Property Description

Letting information:

Added on Rightmove: 11 November 2015 (708 days ago)

Key features

  • Situated within a Popular Retail Parade
  • Nearby Occupiers Include; Subway and Sainsbury¿s Local
  • Close to Arnison Retail Park and just 2 miles from Durham City Centre
  • Ground Floor Sales of 35m² (377 ft²)
  • New EFRI Lease
  • Rental £12,500.00 pax

Full description

LOCATIONFramwellgate Moor is a residential suburb of Durham approximately 1.5 miles from the City Centre. Just off the Great North Road (A167) close to Newton Hall and Arnison Retail Park.The property is situated on the west side of Front Street where nearby neighbouring users include Sainsbury’s Local and Subway, along with a number of smaller occupiers and the Post Office. Both New College Durham and Framwellgate School are within close proximity of the property producing excellent lunchtime and afternoon trade.DESCRIPTIONThe property comprises; ground floor retail sales together with potential storage or office space to the rear, WC facilities and is accessed via a street level entrance to the front.ACCOMMODATIONThe property briefly comprises;Ground Floor RetailNet Internal Area: 57 m2 (614 f2) WC FacilitiesTERMSThe property is available by way of a new EFRI Lease at an annual rental of £12,500 for a term of years to be agreed.RATING 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 UBRShops & Premises £6,000 £0.48As a new occupier rights of appeal may exist against this assessment.ENERGY PERFORMANCEAwaiting EPC rating.LEGAL COSTSEach party is to bear their own 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.

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Property reference 2428. The information displayed about this property comprises a property advertisement. 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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