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Secure Yard with Office

Chester le Street £12,000 per annum Leasehold (fees apply) REF: NE2134

Location

These commercial premises are located close to the town centre adjacent to one of the local authority car park, and just off North Burns which runs towards Front Street.

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 close to the main shopping district and there is other car parking nearby.

Description

This opportunity comprises a secure storage yard with a brick built single storey office and small garage within.  There is an additional covered lean to space attached to brick built unit.

The storage yard is accessed via set of double width metal gates and would be suitable for a variety of uses, subject to landlord’s consent.  The space was most recently used for second hand car sales.

Accommodation

The property has the following Gross Areas;

Ground Floor

Garage / Office          375 sq.ft. (35 sq.m.)

“Lean To” Space       260 sq.ft. (24 sq.m.)

External

Storage Yard             2,900 sq.ft. (270 sq.m.)

W.C.

EPC

Rating – not applicable.

Tenure

A new full repairing and insuring lease is available at a rent of £1,000 per month (£12,000 per annum) with terms to be agreed.

The Ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.

Services

Electricity is supplied to the office and there is a water supply to W.C.

Business Rates

The premises are assessed as follows:

Rateable Value           £5,500

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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