The property is located on the main road leading out of Stanley towards Sunniside, Lobley Hill and Gateshead. Stanley is a former colliery town west of Gateshead and lies between Chester le Street and Consett with excellent road links via the A692 and A693. The immediate area is predominantly residential but there are other retail units nearby and the main shopping centre is less than 5 minutes walk away.
The property is a substantial four storey detached building of traditional red brick construction with a pitched slate roof over. There is an enclosed rear yard and the whole building extends to circa 240 sq.m. (2,600 sq.ft) and would be suitable for office, retail and with an option for residential conversion subject to planning.
The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:
Ground Floor: 700 sq.ft. 65 sq.m.
First Floor: 514 sq.ft. 47.8 sq.m.
Second Floor: 418 sq.ft. 38.9 sq.m.
Basement: 538 sq.ft. 50 sq.m
Water, gas and electric are installed and the property has the benefit of central heating, double glazing and an alarm system.
We are verbally informed that the premises are assessed as follows:
Description Rateable Value
Shop & Premises £2,700
Rates free incentives may be available subject to individual status.
Rating - E
Strictly by appointment with this office.