SITUATION
The property is located approximately 3 miles North East of Durham City Centre on a substantial mixed residential and commercial High Street. It is situated near Moor End, Belmont and is in close proximity to the A690 which links Durham with Sunderland Junction 62 of the A1 (M).
DESCRIPTION
The property comprises a detached two storey brick built retail unit with a tile covered pitched roof. The property also benefits a large courtyard to the rear and three garages and . Two residential bedrooms are located on the first floor as well as bathroom and w/c facilities.
ACCOMMODATION
The accommodation briefly comprises;
Ground Floor:104m2(1,120 sqft)
First Floor Residential: 45m2(484 sqft)
Garage Space:36m2(388 sqft)
Total Area:260m2(1,992 sqft)
TENURE
We are advised the property is held freehold and we would recommend that the purchaser check and verify this with this at contract stage. We are advised that the property is available in whole or in part.
PLANNING
Opportunity of securing beneficial A3/A5 planning consent on the ground floor.
RATING ASSESSMENT
We understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.
DescriptionRVUBR
Shop & Premises£10,000£0.462
Any interested party should confirm the current position with the Local Authority.
LEGAL COSTS
Each party be responsible for their own legal costs incurred in the transaction.
ASKING PRICE
Freehold offers are sought in the region of £175,000.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of vat.
All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors and ask for Daryl Carr.