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Commercial Development to rent

Broadwood View

£14,000 pa

Property Description

Key features

  • Former Print Works & Gym
  • Would Suit a Variety of Uses Subject to Planning
  • On Site Car Parking
  • Warehouse Space of Approximately 5,000 sf to Ground Floor with 800 sf to First Floor
  • Rental 14,000 pax
  • Freehold Offers in the Region of 235,000

Full description

SITUATIONChester-le-Street is a large market town situated approximately 6 miles north of Durham City and some 9 miles south of Newcastle Upon Tyne. Junction 63 of the A1(M) located to the east of the town provides access throughout the region and the town also has a railway station providing access to the main east coast line for locations throughout the country.The subject property is situated off Ropery Lane, close to the Chester-le-Street Cricket Ground and within easy reach of the main retailing facilities situated on Front Street. Also within close proximity of the site is the picturesque St Cuthbert’s RC Church, respected local schools, the recently developed County Cricket Ground for Durham and the established Lumley Castle Hotel.DESCRIPTIONThe subject property was formally used as a print works and more recently a gymnasium but basically comprises warehousing with a small office provision/internal storage with on site car parking to the front and side.ACCOMMODATIONGround Floor Warehouse - 5,000 sfFirst Floor Internal Storage - 800 sf Total Area - 5,800 sfASKING PRICEOur client is seeking offers in the region of £235,000 for the benefit of their freehold interest.LEASE TERMSThe property is also available by way of a new lease FRI lease for a term of years to be agreed at an annual rent of £14,000 pax.RATING ASSESSMENTWe understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.Description RV UBRWarehouse & Premises £9,300 48.0pENERGY PERFORMANCEAwaiting EPC RatingLEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.

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