Speculation Place,, Concord,

LOCATION
Speculation place is located on the outskirts of Washington town centre within Concord. The area houses a large high street with a range of other stores, restaurants, and bars.
The subject property has fantastic transport links and is located only a few minutes’ walk from Concord bus terminal which serves various bus routes. The Galleries’ indoor shopping mall is also within close proximity being 5 mins journey time via car or public transport. There is convenient road network access via the A195 and A1231, providing regional road network access via the A19 dual carriageway.

DESCRIPTION
The subject property comprises a two storey, end terraced property formerly utilised as Fat Mat’s American Grill hot food take away unit.

Ground floor accommodation comprises of an open plan retail area leading to a hallway and three WC’s the premises then leads to a washroom and two storage rooms to rear.

ACCOMMODATION
Ground Floor Retail – 83.9 sq. m (903 sq. ft).

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £9,500 and the estimated rates payable for the current year is £4,655. 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
We currently await EPC.

TERMS
Available by way of new FRI lease term of years to be agreed at an annual rent of £12,000 per annum.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is responsible for their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin on michael.mcghin@bradleyhall.co.uk or 0191 563 4242