The retail unit is located on Front Street in Chester-le-Street which is 10 miles south of Newcastle-upon-Tyne and approximately 8 miles north of Durham. Chester-le-Street is within close proximity to the A1(M) accessed via the A167. Front Street is the main shopping street in the town and there are numerous parking facilities nearby.
The premises comprise a ground floor retail unit with a glazed frontage (Width 4.95m). The premises have an ‘L’ shape layout. The unit is has previously traded as a Greggs bakers and a butchers. There are WC facilities to the rear.
The property has been measured in accordance with the RICS Code of Measuring Practice and has the following Gross Internal Areas (GIA):
Sales Shop 1,651 sq.ft. (153.5 sq.m)
Each Party will be responsible for their own legal costs.
The unit is available at an initial rent of £13,000 per annum in the first year with our client offering a first year at ‘half rent’ incentive.
We understand the unit currently has a planning permission for A1 Retail. Would suit a variety of uses subject to the relevant planning permission.
Following enquiries with the Local Rating Authority we are advised that the property is entered into the Valuation List as follows:
Rateable Value £26,750
Further Information and Viewings
Viewings are strictly by appointment through this office.