Front Street, Pelton, Chester-Le-Street, County Durham, DH2
- PROPERTY TYPE
Shop
- SIZE
Ask agent
Description
LOCATION
The property is located on Front Street, Pelton. Pelton is located 2 miles west of Chester Le Street. The property lies adjacent to Front Street which links up to A693. The A693 is main route connecting Durham to Stanley and Consett to the west and A1 to the East.
DESCRIPTION
Located on Front Street, Pelton the investment consists of 2 x retail units and 1 x owner occupied flat. The premises is partially let out and has potential to generate additional income for anyone looking for investment.
ACCOMMODATION
Name M2 Ft2 Lease Terms
6 Front Street 37.8 407 £600pcm (holding over)
6a Front Street 37 398 Vacant
7 Front Street 85.3 918 £800pcm (Licence)
Total 160.1 1,723 £1,400pcm(£16,800PA)
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is as follows:
6 Front Street - £1,975.
7 Front Street - £6,200.
however, interested parties should confirm the current position with the Local Authority.
EPC RATING
We currently await EPC.
TERMS
Available by way of Freehold title at a guide price of £150,000 (One Hundred and Fifty Thousand Pounds).
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin on michael. or
Front Street, Pelton, Chester-Le-Street, County Durham, DH2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chester-le-Street Station1.8 miles
About Bradley Hall Chartered Surveyors & Estate Agents, Sunderland
47 Frederick Street, Sunderland, SR1 1NFNotes
Disclaimer - Property reference SND240099. 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 Bradley Hall Chartered Surveyors & Estate Agents, Sunderland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bradley Hall Chartered Surveyors & Estate Agents, Sunderland on 0191 563 4242.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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