Retail Property (high street) to rent

21 Middle Street, Consett, DH8 5QP

4,500 sq. ft. | £35,000 pa| £2,917 pcm

Property Description

Commercial information

  • 4,500 sq ft (418 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Long term

Key features

  • Ground Floor Sales: 210.5 sq m (2,266 sq ft)
  • The building itself is very distinctive incorporating a Clock Tower which was refurbished in 2007.

Full description

LOCATION
Consett is a popular and busy market town located approximately 12 miles south west of Newcastle upon Tyne, 11 miles north west of Durham City and approximately 8 miles west of the A1(M) motorway. The property lies in the heart of the town centre on Middle Street, Consett’s prime retail thoroughfare. Middle Street is pedestrianised and provides a safe and attractive location where the majority of the major multiple retailers are located. Superdrug, Co-Op Pharmacy, Greggs, Specsavers and Heron Foods are all located in the immediate vicinity.

The main town centre car park is immediately to the rear of the premises and servicing is via the rear service lane.

DESCRIPTION
The unit occupies a prominent position on Middle Street. The building itself is very distinctive incorporating a Clock Tower which was refurbished in 2007.

ACCOMMODATION
We are advised that the property provides the following approximate areas:-
Ground Floor Sales 210.5 sq m (2,266 sq ft)
Ground Floor Ancillary 26.2 sq m (282 sq ft)
Ground Floor ITZA 128 sq m (1,378 sq ft)
First Floor NIA 190.56 sq m (2,051 sq ft)
Second Floor No access
Third Floor No access

LEASE TERMS
The property is available by way of a new lease for a term of years to be agreed at an initial rent of £35,000 pax.

RATES
We are verbally advised the Local Rating Authority that the premises are assessed as follows:-

Rateable Value £53,500.00
Rates Payable 2014/15 £26,375.50

Interested parties should make their own enquiries to Durham County Council Non-Domestic Rates Department – telephone 0300 026 0000.

EPC
An Energy Performance Certificate is attached.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in connection with this transaction.

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

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.

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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