Property for sale in Houghton Le Spring, DH4
Newbottle Street, Newbottle, Houghton Le Spring, DH4£125,000
£125,000
SITUATION
Houghton-le-Spring is located 6 miles to the east of Durham City, 9 miles to the south west of Sunderland and 17 miles to the south of Newcastle upon Tyne.
Being directly adjacent to the A690, it affords excellent access to the A1(M) (3.5 miles) and the A19 (4 miles).
The subject property is situated on Newbottle Street, on the end of an existing parade occupied by local services and local stores.
DESCRIPTION
The subject property comprises a ground floor of separated office space with storage to the first floor and basement. The property is fully alarmed and secured through the use of roller shutters to the front elevation. Internally, the ground floor benefits from the use of a kitchen with some storage space. There are shared WC facilities within the building with a connection to mains electricity, water and gas. The basement is accessible through a garage to the rear of the property.
ACCOMMODATION
Ground Floor 71.66m2 (771.4 sq ft)
Basement/Storage 54.03m2 (581.6 sq ft)
First Floor/Storage 41.52m2 (446.9 sq ft)
TERMS
Reduced to £125,000.
RATING ASSESSMENT
We understand that the rating assessments on the premises as at 1 April 2010 is as follows:
Description RV UBR
Shop and £6,300 0.45
Premises
As a new occupier rights of appeal may exist against this assessment.
For further information contact our Rating Department at this office.
LEGAL COSTS
The ingoing tenant is to be responsible for our clients reasonable legal costs involved in the transaction.
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.