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Former Newsagents

Chester le Street £ Nil Premium (fees apply) REF: NE1908

Location

These commercial premises are located within the town centre on Front Street near the junction with High Chare and close to BOYES.

Chester le Street is a popular and sought-after market town with good schools, ample amenities and a main line railway station. This unit is the main shopping district close to multiples that generate high levels of footfall and there is car parking nearby.

Description

The unit comprises a self-contained ground floor unit forming part of a larger two storey parade of small retail units. The premises are currently trading as a newsagent but would be suitable for a variety of uses, subject to landlord’s consent.

The unit is in good overall condition with electric roller shutters to the front and little for a new owner to attend to on occupation.

Accommodation

The property has been measured with the following Gross Internal Areas;

Ground Floor

Retail Area     510 sq.ft. (47 sq.m.).

Rear Shop      185 sq.ft. (17 sq.m.)

Staff Area       100 sq.ft. (  9 sq.m.)   

W.C.

EPC

Rating D.

Tenure

A new full repairing and insuring lease is available at a rent of £1,000 per month (£12,000 per annum) with full terms to be agreed. Ingoing tenant to be responsible for the landlord’s legal costs in the preparation of the new lease.

Services

Water and electricity is installed.

Business Rates

The premises are assessed as follows:

Rateable Value           £10,000

Rates free subject to individual status.

Money Laundering Regulations:

In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

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