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Commercial Property for sale

Horsemarket, Barnard Castle, Co Durham

Sold STC £175,000

Property Description

Key features

  • For Sale or Commercial Let
  • Prime Town Location
  • Frontage to Footpath
  • Stores to Ground Floor
  • First Floor Stores/Office/Kitchen

Full description

For sale at £175,000 or to let:

Required Rental: £1,000 PCM on IRI terms. The length of term is negotiable.

Situated centrally within a prime location in Barnard Castle, 10 Horsemarket offers a most valuable opportunity to obtain a tailor-made trading lease. The primary trading area has 43.89 m² of prime retail over 6.63m of free frontage direct to public footpath. To the rear a further interior retail of 28.99m. The whole of the ground floor is on two primary levels. In addition, the let includes 3.68m of stores to the ground floor and a further 19.05m of stores, offices and kitchen facilities to the first floor, with fixed stair access.

Terms:
The rental required is £12,000 on IRI terms with three yearly reviews to market rental value. The remaining terms are largely negotiable.

The length of term is negotiable but excluded from the Landlord & Tenant Act 1954 sections 24-28. Any renewals after the initial term will have to be undertaken by negotiation.

Tenants shall be liable for obtaining any necessary planning consents for changes/permissions. The landlord is happy, however, to agree and sign a lease pre-entry to allow for the tenants to apply for any change of use required.

The tenants shall be liable for 50% of the cost of the preparation of the lease and the stamp duty occasioned by the lease (if any).

References will be sought by the letting agents in advance of acceptance.

A deposit of two months rental will be required, which may be negotiable depending upon reference.

Interested parties should make clear the intended use for the property and provide a formal business plan upon making the application.

Viewing
Strictly by appointment through the agents.


Energy Performance Certificates (EPCs)

Nearest station

  • Bishop Auckland (12.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Addisons Chartered Surveyors, Barnard Castle

13 Galgate, Barnard Castle, DL12 8EQ

01833 535002 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

  • Bishop Auckland (12.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Addisons Chartered Surveyors, Barnard Castle

13 Galgate, Barnard Castle, DL12 8EQ

01833 535002 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.

Disclaimer - Property reference 116. 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 Addisons Chartered Surveyors, Barnard Castle. 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.

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