Retail Property (high street) to rent

19 Front Street, Hetton-Le-Hole, Houghton Le Spring, DH5 9PF

2,232 sq. ft. | £17,500 pa| £1,458 pcm

Property Description

Commercial information

  • 2,232 sq ft (207 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Located in a predominantly retail location
  • Short drive from the A690 providing access to the A1 Motorway
  • Comprises an end terraced building of masonry construction
  • Freehold is also available

Full description

LOCATION
The premises occupy a prominent position on Front Street, the main arterial route through Hetton-Le-Hole and benefit from a service lane to the side providing access to rear servicing facilities. The nearby retailers include Tesco Extra, Heron Foods, Greggs, Coral Bookmaker and Barclays Bank. The premises are identified on the attached location plan.

ACCOMMODATION
The accommodation is arranged on ground and first floors and offers the following approximate floor areas and dimensions:-

Gross Frontage 37 ft 10 ins (11.5 m)
Internal Width 34 ft 8 ins (10.5 m)
Ground Floor Sales 1,425 sq ft (132.4 sq m)
Ground Floor Staff/Store 807 sq ft (75 sq m)
WC
First Floor 2,200 sq ft (204.3 sq m)

FREEHOLD PRICE
Offers are sought in the region of 170,000 for the benefit of the freehold interest with vacant possession.

OR

LEASE TERMS
New full repairing and insuring lease for a term to be agreed subject to 5 yearly rent reviews at an initial rent of 17,500 per annum exclusive.

RATEABLE VALUE
We are verbally advised by the Local Rating Authority that the premises are assessed as follows:-

Rateable Value: 17,000
Rates Payable April 20152016 8,381

Interested parties to make their own enquiries of the Local Rating Authority for verification of the above

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

EPC
An Energy Performance Certificate has been commissioned and is available upon request from this office.

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


More information from this agent

Nearest station

  • Seaham (4.6 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

  • Seaham (4.6 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 19FrontStreetHetton. 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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