The property comprises a two storey retail unit with attractive ground floor sales and first floor ancillary staff and / or storage. We understand that loading is available via the service yard to the rear.
Location
Consett is a popular County Durham market town that is home to over 30,000 people.
The town is situated approximately 14 miles south-west of Newcastle upon Tyne and 13 miles north-west of Durham City, making it accessible from both cities within 25 minutes.
Consett is well positioned at the junction of the A691/A692, both of which provide links to the A1(M) and within 2 miles of the A68 which provides access further north to Edinburgh.
The property lies in the heart of the town centre on Middle Street, Consett's prime retailing thoroughfare and occupies a prominent position, next door to Domino's Pizza and close to Superdrug, Specsavers, Greggs and The Post Office.
Access to car parking is excellent, with the town's two main car parks; the Victoria Centre (c. 100 spaces) and Albert Road / Nile Street (c. 150 spaces) both being within comfortable walking distance (1-2 mins).
The property is located within very close proximity of Consett Bus Station, which provides links to surrounding towns such as Stanley and Chester-le-Street as well as the cities of Durham, Newcastle and Sunderland.
Accommodation
Ground Floor - 676 sq ft
First Floor - 434 sq ft
TOTAL - 1,110 sq ft
Terms
The premises are available on a new full repairing and insuring lease for a term of years to be agreed at a rent of £12,000 pax.
BUSINESS RATES
Rateable Value : £8,000 (Effective 1st April 2023)
Estimated Rates Payable: £0
Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV and adjusting for Small Business Rate Relief, in cases where the RV indicates that it may be available. Not all properties or 'small businesses' qualify for relief. It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
ENERGY PERFORMANCE
Awaiting EPC.
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.
Specification
- Located at Heart of Town Centre
- Next Door to Domino's & Close to Superdrug, Specsavers, Greggs and The Post Office
- Only a 1-2 Minute Walk from Consett's Two Main Car Parks (c. 250 spaces) & Bus Station
- First Floor Storage / Office Space with WC & Kitchen Facilities
- Small Business Rate Relief Available (Subject to Eligibility)