Front Street,, Framwellgate Moor

LOCATION

The property lies on the southern point of Front Street benefiting from on site parking in front of the property. Farmwellgate Moor is approximately 1.5 miles northwest of
Durham City Centre and 5 miles south of Chester le Street. Immediately opposite the property is Greggs, Co-op Food Store and adjacent to the property is Co-op Funerals.

DESCRIPTION

The property is a ground floor retail unit with an office, storage area and WC to the rear. The property would suit many varieties of retail uses.

ACCOMMODATION

Ground Floor 156.44m² 1,648 ft²

EPC RATING

C73.

RATING ASSESSMENT

The rateable value of the premises as of 1 April 2023 is £13,500 and the estimated rates payable for the current year is to be £6,736.50. 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.

TERMS

The property is available by way of a new lease with terms to be agreed at £22,500 (Twenty Two 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 nameand 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