* Prominently positioned in the heart of the pedestrianised section of Middle Street
* Fitted out as a Traditional Tea Room with a Premises Licence
* Nearby occupies include Superdrug, Cooplands, Card Factory, Specsavers, Well Pharmacy, Greggs, Domino’s, Select and Nobles Amusements
_Location/situation_
Consett is a popular and busy market town located approximately 12 miles
southwest of Newcastle upon Tyne and 11 miles northwest of Durham. The
property lies in the heart of the town centre on Middle Street, Consett’s
prime retailing thoroughfare and provides an attractive location where several
major retailers are located.
The property has a direct access to the main town centres 150 space car park
via an alleyway to the side of the premises.
_Accommodation_
Arranged over ground floor and first floor only, with the following
approximate dimensions and floor areas:
Shop Depth
17. 70m
58’1”
Internal Width
6. 55m
21’6”
Ground Floor Area
108. 41 m2
1, 167 ft2
First Floor Area
40. 88 m2
440 ft2
The ground floor has been sub - divided to provide WC facilities at the rear.
Loading is available via the service lane running along the rear of the
premises.
_Lease terms_
A new effective Full Repairing & Insuring lease for a term to be
agreed is available at a rent of £15, 000 per annum exclusive.
Alternatively, the property may be available on a freehold basis, offers are
sought in the region of £150, 000.
_EPC_
The property has an Energy Performance rating of B 43.
_Business rates_
Rateable Value
£11, 500
2022/2023 ubr
£0. 499
Estimated Rates Payable
£5, 740
Given the Rateable Value is below £12, 000, the current rates relief for the
property equates to 100% discount for most occupiers. Interested parties are
advised to make their own Business Rates enquiries with the relevant Local
Authority.
_Costs/VAT_
Each party is to be responsible for their own legal costs incurred with this
transaction. All figures quoted are exclusive of VAT and other charges where
applicable.
_Viewing_
For enquiries, viewing, and general information, please contact @retail
Jonathan Chapman
E:
M: Or our Joint Agents, Brackenridge Hanson Tate Surveyors, Tom Grimshaw
E:
M:

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