48-50 Medomsley Road, Consett, DH8 5HA
£1,250 pcm
£15,000 pa
£16.48 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
910 sq ft
85 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- 01/10/2025
- Lease type:
- Long term
Key features
- Prominent Corner Position on a Key Town Centre Thoroughfare Offering High Volumes of Passing Traffic
- Surrounding Occupiers; Ramsdens, Westway Vets, Domino's Pizza, Iceland & Euronics
- Partially Fitted Including Extraction, Walk In Refrigeration, Counters, Offices & Staff WC
- Sui Generis Hot Food Takeaway Consent
- Small Business Rate Relief Available (Subject to Eligibility)
Description
Description
The premises comprise a ground floor hot food takeaway unit, previously occupied by Papa John’s, with the benefit of Sui Generis planning consent.
The unit is partially fitted and includes a range of fixtures, fittings and equipment left in situ, available for use by the incoming tenant without warranty. Items include: commercial extraction canopy, walk in refrigeration and freezer units, wall and floor finishes suitable for hot food use.
Fixtures, fittings and equipment are provided on an “as is” basis, subject to agreement of commercial terms, incoming tenants may use or remove these at their own expense.
Location
The property is prominently located on Medomsley Road, close to the junction with Front Street in the centre of Consett. The town benefits from strong local trade and serves as a hub for surrounding villages, with a population catchment in excess of 50,000. Nearby occupiers include a mix of national and independent retailers, food operators, and service businesses.
Terms
The property is available by way of a new lease for a term of years to be agreed at a rent of £15,000 pax, paid quarterly in advance.
A rent deposit will be required, the amount of which will be subject to tenant covenant strength.
Business Rates
Rateable Value: £7,000 (Effective 1st April 2023)
If the ingoing tenant is eligible for Small Business Rates Relief, no rates will be payable.
Without Small Business Rate Relief, the rates payable are currently £3,493 per annum.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Legal Costs
Each party to be responsible for their own costs incurred in this transaction.
Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
About Us
Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.
We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.
While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.
Our main core areas of work include:
Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness
However big or small, we are ready to help. Talk to us today.
The premises comprise a ground floor hot food takeaway unit, previously occupied by Papa John’s, with the benefit of Sui Generis planning consent.
The unit is partially fitted and includes a range of fixtures, fittings and equipment left in situ, available for use by the incoming tenant without warranty. Items include: commercial extraction canopy, walk in refrigeration and freezer units, wall and floor finishes suitable for hot food use.
Fixtures, fittings and equipment are provided on an “as is” basis, subject to agreement of commercial terms, incoming tenants may use or remove these at their own expense.
Location
The property is prominently located on Medomsley Road, close to the junction with Front Street in the centre of Consett. The town benefits from strong local trade and serves as a hub for surrounding villages, with a population catchment in excess of 50,000. Nearby occupiers include a mix of national and independent retailers, food operators, and service businesses.
Terms
The property is available by way of a new lease for a term of years to be agreed at a rent of £15,000 pax, paid quarterly in advance.
A rent deposit will be required, the amount of which will be subject to tenant covenant strength.
Business Rates
Rateable Value: £7,000 (Effective 1st April 2023)
If the ingoing tenant is eligible for Small Business Rates Relief, no rates will be payable.
Without Small Business Rate Relief, the rates payable are currently £3,493 per annum.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Legal Costs
Each party to be responsible for their own costs incurred in this transaction.
Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
About Us
Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.
We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.
While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.
Our main core areas of work include:
Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness
However big or small, we are ready to help. Talk to us today.
Brochures
48-50 Medomsley Road, Consett, DH8 5HA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stocksfield Station7.3 miles
About Graham S Hall Chartered Surveyors, Durham
Graham S Hall Chartered Surveyors, The Old Powerhouse at Garden Cottage, Southill Hall, Plawsworth, Durham, DH3 4EQNotes
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