1 Britannia Shops, Victoria Road

LOCATION

The subject property is located on Victoria Road, Consett, which is situated in the town centre. The A691 and A692 and situated in close proximity to the property, the former
connecting Consett with Durham and the latter providing a direct connection to
Newcastle and the A1(M) in the north.

DESCRIPTION

The subject property comprises of a brick-built, end of terrace ground floor retail unit. The unit includes an open plan sales area and a W/C to the rear of the property. There is off street parking opposite the property.

ACCOMMODATION

We calculate the approximate net/gross internal floor areas to be as follows:
Total 67.98 m² 732 ft²

EPC RATING

C65

RATING ASSESSMENT

The rateable value of the premises as at 1 April 2023 is £6,800 and the estimated rates payable for the current year is £3,393.20. 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.

TERMS

The property is available by way of a new lease with terms to be agreed at £10,000 (TenThousand Pounds) per annum.

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.