Killerby House, Durham Chare

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.