Guide price of £295,000
LOCATION
Located just off Newgate St, Killerby House is located in the heart of Bishop Auckland Town Centre, in the prime shopping area of Newgate Street which benefits from local and national occupiers including Card Factory, Holland & Barrett, The Works & Peacocks.
DESCRIPTION
The subject property comprises of an end of terrace, four storey building, with retail & office accommodation arranged over the four floors.
ACCOMMODATION
Ground floor
|
120.00m2
|
1,291ft2
|
First floor
|
137.40m2
|
1,478ft2 |
Second floor | 89.73m2
|
965ft2
|
Third floor
|
50.16m2
|
539ft2
|
Total
|
397.29m2
|
4,276ft2
|
RATING ASSESSMENT
Ground & First Floor - The rateable value of the premises as at 1 April 2023 is £12,750 and the estimated rates payable for the current year is £6,362.25. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
Second & Third Floor - The rateable value of the premises as at 1 April 2023 is £5,500 and the estimated rates payable for the current year is £2,744.50. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
EPC RATING
To be assessed
TERMS
The Freehold is available for sale at an asking price of £295,000.
VAT
All 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.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 383 9999
Email: durham@bradleyhall.co.uk