Property for sale47 Front Street
- Prominent Retail Unit For Sale
- Central village location
- Size 24.07m² (259.08ft²)
- May Let on New Lease
- EPC Rating D89
- Freehold OIRO £120,000
SITUATIONThe property sits in a prominent corner position within the small and affluent village of Shotley Bridge. The area is located 3 miles north of Consett town centre which is accessed via the nearby A694 and A691 link roads.Shotley Bridge is made up from a number of local independent retailers, restaurants and public houses, and is an attractive semi rural location. Surrounding occupiers also include a beauty salon, bridal shop, estate agents and post office.DESCRIPTIONThe subject property is a very attractive traditional stone built end terrace retail premises, centrally located within Shotley Bridge village centre. The property is very visible from the main road to all passing traffic and pedestrians. The property comprises a traditional shop window frontage and ground floor sales area with additional ancillary tea point and WC.ACCOMMODATIONThe property comprises:Ground floor sales 24.07m² (259.08ft²)TERMSThe property is available freehold and offers are invited in the region of £120,000. Alternatively the premises may be available by way of a new lease to be negotiated.The freehold also encompasses the freehold of two flats which are sold long leasehold. Further details are available upon request.RATING ASSESSMENTDescription RV Estimated Rates PayableShop & Premises £1,925 £906.67We are advised that the rateable value of the premises as at 1 April 2010 is £11,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
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