Property description
SITUATION
Spennymoor is a busy County Durham town situated 7 miles South West of Durham and 14 miles North of Darlington. The town benefits from good communications being situated 3 miles to the West of Junction 61 of the A1 (M) (which links the town to the A1 (M) 69 miles to the South).
The property occupies a prominent position on Cheapside, an area which represents the start of the town’s main pedestrianised shopping area.
DESCRIPTION
The property comprises a mid terrace, retail unit, of traditional brick construction with single glazed windows in timber frames all under a pitched slate tile roof.
The property benefits from a generous frontage which is protected by a large steel roller shutter.
ACCOMMODATION
Ground Floor Sales – 97 m2 (1,044 f2)
First Floor WC/Storage – 8 m2 (86 f2)
Total - 105 m2 (1,130 f2)
ASKING PRICE
Our client is seeking £70,000 for the benefit of their freehold interest.
RATING ASSESSMENT
We understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.
Description RV UBR
Shop & Premises £6,300 47.1p
ENERGY PERFORMANCE
The property has an energy performance rating of 89 within Band D.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
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.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
Property Features :
- Ground Floor Retail Extending 97 m2 (1,044 f2)
- Prominent Town Centre Location
- Nearby Occupiers Include JD Wetherspoon, William Hill, Boots Pharmacy & Lloyds Bank
- Freehold Offers in the Region of £70,000