**Location**
The subject property is located on Front St, Consett, which is situated in the
town centre. The A691 and A692 and situated in close proximity to the
property, the former connecting Consett with Durham and the latter providing a
direct connection to Newcastle and the A1(M) in the north.
**Description**
The subject property is a split over two buildings 17 - 21 Front St, which is an
old church that has been converted into 3 storeys of retails/storage space and
22 Nelson St, with a small courtyard in the centre of the properties. The
ground floor is occupied by Chaplain’s bar and Consett Cars, which have
different access points to the front and the rear. The first floor has been
split into two units, both having access to separate storage space on the
second floor. One of the units is currently let to solicitors as storage
space, while the other is vacant and has recently been renovated.
**Accommodation**
Chaplains Bar 265. 30m2 2, 856 ft2
Taxi office 34. 70m2 374 ft2
Solicitors 239. 96m2 2, 583 ft2
Vacant 228. 62m2 2, 461 ft2
Total 768. 58m2 8, 274 ft2
**Tenant**
The property is currently let to three tenants on full repairing and insuring
basis at a passing rent of £34, 562 per annum. The tenant of Chaplains bar
signed a 1 year lease in April 2023 and the two other leases are currently
holding over. There is an opportunity for rental growth for the part vacant
office. A tenancy schedule can be provided on request.
**Rating assessment**
Description rv Estimated Rates Payable
Public House & Premises £14, 250 £7, 110. 75
Office & Premises £4, 400 £2, 195. 60
**EPC rating**
C68

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