62 Saddler Street, Durham

The subject property comprises of four storey commercial property. The ground and first floor comprise of retail areas, with the second and third currently used as storage.

ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:

Ground Floor 14.33 m² 154 ft²
First Floor 24.12 m² 260 ft²
Second Floor 33.57 m² 361 ft²
Third Floor 13.30 m² 143 ft²
Total 85.32 m² 918 ft²

EPC RATING
C68

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £7,200 and the estimated rates payable for the current year is £3,592.80. 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 £27,500 (Twenty-Seven Thousand Five Hundred 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.

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