Station Road, Consett

LOCATION
The subject property is located on Croft Road in Consett, a town within the County Durham district. The property is less than 0.1 miles from the A692 which allows quick access to nearby towns. The property also benefits from the nearby Consett Bus Station.

DESCRIPTION
The subject property is a semi-detached two storey building spread across ground and first floor. The unit is split into two with the vast majority of the ground floor making up the pub with the first floor being a vacant restaurant.

The ground floor benefits from a fitted bar as well as a cellar area at the rear of the property. The first floor has a fitted kitchen and bar area as well as a large space for dining. Both floors also benefit from WC’s.

ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Ground 297 m² 3,202 ft²
1st Floor 171 m² 1,762 ft²
Total 461m² 4,964ft²

EPC RATING
B33/B37

RATING ASSESSMENT
The rateable value of the premises as of 1st April 2023 is £26,800 and the estimated rates payable for the current year is £13,373.20. 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 to purchase at £300,000 (Three Hundred Thousand Pounds). Offers are invited.

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.