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Retail Premises With High Footfall, 56A Front Street, Chester le Street, DH3 3BD

1,464 Sq Ft / Retail / General Retail

To Let - £18,500.00 per annum

Available - Last updated: 07 January 2022

The property comprises a self-contained ground floor retail unit within a two-storey building. 

The unit is configured to provide ground floor retail sales together with ancillary storage and wc facilities to the rear.

Location

Chester-le-Street is a busy market town located approximately 10 miles south of Newcastle upon Tyne and 6 miles north of Durham City. The town benefits from a main line railway station and easy access to the A1(M).  

Front Street is the principal shopping street within the town centre and surrounding occupiers include; Halifax, Greggs, Betfred, Costa Coffee, B&M Bargains and Boots. 

Accommodation

Retail Sales - 68 sq m (732 sq ft) 

Ancillary / Storage - 68 sq m (732 sq ft) 

WC Facilities  

Total - 136 sq m (1,464 sq ft) 

Terms

TERMS - The property is available by way of a new EFRI lease for a term of years to be agreed at a rent from £18,500 pax.  

RATING ASSESSMENT - We understand that the premises have a rateable value of £13,500 effective from 1st April 2017.  

Due to Covid-19, businesses in the retail, hospitality and leisure sectors in England are exempt from business rates for the 2020 to 2021 tax year. Eligible properties include shops, restaurants, cafés, bars or pubs, cinema or live music venues, assembly or leisure properties - e.g. sports clubs, gyms and spa's, hospitality properties e.g., hotels, guest houses or self-catering accommodation. 

It is recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.  

ENERGY PERFORMANCE - EPC rating of 42 within Band B. 

LEGAL COSTS - Each party to be responsible for their own costs incurred in this transaction.  

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.  

Specification

  • Ground Floor Extending 136 sq m (1,464 sq ft)
  • Popular Market Town 6 Miles from Durham & 10 Miles from Newcastle upon Tyne
  • Prime Position with High Footfall
  • Surrounding Occupiers Include; Halifax, Greggs, Betfred, Costa Coffee, B&M Bargains & Boots
  • Loading Area to the Rear
  • New EFRI Lease Available
  • Rent £18,500 pax 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £18,500.00 per annum

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Contact agents

Daryl Carr

Graham S Hall Chartered Surveyors

0191 394 0036



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