Saddler Street, Durham

LOCATION
The property is located in Durham City Centre. Durham is an attractive and historic Cathedral City located in the north east of England. The city is located 17 miles south of Newcastle and 13 miles south west of Sunderland. Durham benefits from excellent road links the City Centre is located 2 miles west of the A1 (M) which provides access to nearby cities such as Sunderland and Newcastle. Neighbouring occupiers include Fat Hippo, Tango, Zizzi’s and Flat White Kitchen.

DESCRIPTION
The property is a grade II listed building with a prominent frontage on the busy pedestrianised Saddler Street in Durham City Centre. The property has been recently refurbished to an empty shell condition ready to fit out. W/C facilities can be provided.

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

Ground floor retail 20.03 m² 216 ft²

EPC RATING
D84

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £10,750 and the estimated rates payable for the current year is £5,364.25. 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.

TERMS
The property is available by way of a new lease with terms to be agreed at £17,500 (Eighteen Thousand Pound) 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