Location
These commercial premises are located in the centre of Annfield Plain, an expanding County Durham town situated between Consett and Stanley, 10 miles north of Durham City.
This unit forms part of a terrace of shops on Front Street which is the main road running through the town. The majority of the local occupiers are independents but there is a Tesco Supermarket and Post Office nearby.
Description
The unit forms part of a larger 2 storey terraced property. The unit was occupied by Motorworld until recently and would be suitable for a variety of uses, subject to landlord’s consent.
Accommodation
The property has been measured with the following Gross Internal Areas;
Ground Floor
Retail Area 900 sq.ft. (84 sq.m.)
Staff / Office 135 sq.ft. (13 sq.m.)
W.C.
Tenure
A new full repairing and insuring lease is available at a rent of £200 weekly (£10,400 per annum) with full terms to be agreed. Minimum length of lease 3 years. Ingoing tenant to be responsible for the landlord’s legal costs in the preparation of the new lease.
VAT
VAT is not applicable.
Services
Water and electricity installed on site.
Business Rates
The premises are assessed as follows:
RV £6,600
Rates free incentives subject to status.
EPC
Rating D.
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.
