55a Old Elvet, Durham

55a Old Elvet occupies a prominent position in the heart of Durham city centre, making it an ideal location for an office, salon, beauticians and well-being operators. The property offers multiple spacious rooms, providing flexibility for a variety of layouts and uses under Use Class E. It also benefits from dedicated kitchen and W/C facilities, enhancing convenience for staff and clients alike.

Old Elvet is one of the main routes through the Durham city centre and leads to a main campus of Durham University. The property benefits from many transport links only being 2 miles away from A1(M) providing links to the North/South.

Terms
The property is available by way of a new lease for £17,500
(Seventeen Thousand Five Hundred Pounds) per annum.

Accommodation
First Floor 56.2 SQ M 605 SQ FT
Second Floor 67.8 SQ M 730 SQ FT

Total 124 SQ M (1,335 SQ FT)

Rates
The rateable value of the premises as at 1 April 2023 is £9,800 and the estimated rates payable for the current year is £4,890.20 This is based on the uniform business rates multiplier of 49.9p in the pound, however, interested parties should confirm the current position with the Local
Authority as may be eligible for Small Business Rates Relief.

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.