£325,000
LOCATION
Chester le Street is a large market town situated approximately 6 miles
north of Durham City and some 9 miles south of Newcastle upon Tyne,
being close to the A1(M) Motorway and the main line Railway Station on
the East Coast Line.
The property is situated on Front Street, being the main shopping
thoroughfare of Chester le Street Town Centre where retailing facilities
include Market Place to the north, St Cuthberts Walk Shopping Centre,
and a number of national multiple and local shops on both sides of the
road travelling south.
The subject property is situated nearby to the recently laid car park,
opposite Heron Foods and nearby to a variety of amenities including,
sandwich shops, tanning salons and a gym.
DESCRIPTION
The property comprises a two-storey retail and office property of brick wall
construction under a pitched tiled covered roof, with the rear car
park/service access off Mains Park Road.
The property offers a single retail unit (which was previously three
individual retail units) at ground floor with two suites of offices at first floor
via a self-contained access off Front Street.
ACCOMMODATION
RETAIL (GROUND FLOOR) 166A-C
166.2 m2 (1,788 ft2)
OFFICE (FIRST FLOOR – SELF CONTAINED) 164A-B
172.4 m2 (1,856 ft2)
TOTAL – 338.54 m2 (3,644 ft2)
TENANT
The first floor of the property is currently let to We Care Bespoke at an
annual rent of £8,950 until April 2027.
RATING ASSESSMENT
Description RV Estimated Rates Payable
166a Shop & Premises £7,600 £3,792.40
166b&c Shop & Premises £13,500 £6,736.50
164 Office & Premises £8,800 £4,391.20
Contact Joseph I'Anson for more details. 01642 265 300 or 0191 383 9999 or joseph.ianson@bradleyhall.co.uk