St Cuthberts Walk, Shopping Centre, Chester-Le-Street, DH3

Letting details
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- Deposit:
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- Min. Tenancy:
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- Let type:
- Long term
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- Council Tax:
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- SIZE
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Description
St Cuthbert’s Walk Shopping Centre is situated on Front Street the principal re-tail street in the market town of Chester-le-Street. Road communications to Chester-le-Street are excellent with access via the A167 to Durham and the South and the A692 to Stanley in the West.
Chester-le-Street also lies off junction 63 of the A1(M) providing excellent access to Newcastle, Gateshead, Darlington, Durham and all major road networks. Chester-le-Street also boasts a mainline railway station on the East coast main-line.
DESCRIPTION
St Cuthbert’s Walk Shopping Centre is the principle covered shopping centre in the heart of Chester-le-Street town centre extending to approximately 60,000sq ft and adjoining a 370-space car park anchored by the Morrison’s Supermarket with further lettings to Morrisons, Boots the Chemist Ltd, Greggs and a variety of other local occupiers. The property also has the benefit of dedicated car parking.
ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Retail unit- 50.26m² 541ft²
EPC RATING
B50
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop & Premises £7,400 £3,692.60
We are advised that the rateable value of the premises as at 1 April 2023 is £7,400 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.
TERMS
Units are available by way of a new effective full repairing and insuring lease for a term of years to be agreed. The tenants are to be responsible for internal repairs together with all repairs to doors and windows and with the landlord responsible for all external repairs having a right to recover a proportion of these costs together with the cost of maintenance and repair of the common areas, management and security by way of a service charge. The landlord will insure the property and recover a proportion of the annual insurance premium from each tenant.
VAT
All 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.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI MONEY LAUNDERING
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
CONTACT US
Contact: Joseph I’Anson or Benjamin Riddle
Tel:
Email:
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
St Cuthberts Walk, Shopping Centre, Chester-Le-Street, DH3
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Visit our security centre to find out moreDisclaimer - Property reference TEV240103_L. 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, Newcastle Upon Tyne. 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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