Commercial Property To Let
Retail
Retail / Office
Consett
£16,000 (Leasehold)
REF: NE2164
Location
This is an extensive terraced space of traditional construction with a pitched slate roof over. The property is located on Front Street close to its junction with Middle Street and in an accessible position within the town centre.
This area forms part of the main central business district comprising shops and hospitality venues all supported by ample free parking nearby.
Description
The property comprises a two-storey mid terraced property in a busy location in the middle of this former mining town.
The property is configured to provide a large open plan ground floor space and previously operated as a bar and nightclub. There is a former cellar at the rear with access from the rear lane.
Access to the upper floor is from within the main space and there are separate ladies and gents toilets installed plus an office / store.
Overall the property is in good order and would be suitable for a variety of uses, subject to any required consents.
Accommodation;
Reported on a Net Internal Area basis as follows:
Ground Floor
Retail / Leisure circa 1,750 sq.ft. (160 sq.m.)
Store / Cellar circa 300 sq.ft. (28 sq.m.)
First Floor
Gents Toilets
Offices
Services
Water and electricity are installed and there is air conditioning.
Rates:
The property is assessed as follows:
RV £7,500
Rates free incentives subject to status.
Tenure
A new FRI lease is available at a starting rent of £16,000 per annum (no VAT applicable) The ingoing tenant would be responsible for the legal costs capped at £350 plus VAT
EPC
Rating - B
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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