Retail premises to let in 38 High Street South, Durham DH7, £7,500 pa

7,500.00 per month

Offer Nr.:
63976567
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Graham S Hall Chartered Surveyors
Phone(s):
0191 392 0630

* Unfurnished
* Ground Floor Retail Unit of Approximately 80. 00 sq m (861 sq ft)
* Popular County Durham Village, Approximately 2 Miles South of Durham City Centre
* Prominent Position on Established Retail Parade
* High Volumes of Passing Traffic
* Surrounding Occupiers Include; Tesco Express, Lidl and the rspca
* External Refurbishment Scheduled
* Would Suit a Variety of Uses (Subject to Consents)
* New efri Lease Available
* Reduced rent £7, 500 pax
**Location**
The property is located in Langley Moor, a small County Durham village,
approximately 2 miles south of Durham City Centre and 9 miles north of Bishop
Auckland.
The subject property occupies a prominent position on High Street which is the
main retail pitch within the village. Notable nearby operators include: Tesco
Express, Lidl, rspca and Salvation Army.
**Description**
The building comprises a mid - terrace property under a pitched slate roof. The
property is arranged over two floors, with retail accommodation to the ground
floor and residential on the first.
The available space comprises, a ground floor retail unit with open plan sales
to the front and ancillary storage and staff WC facilities to the rear. The
premises is well presented with double fronted glazed retail frontage with
signage over, finished floorboards, plastered, skimmed walls and freshly
decorated walls.
**Accommodation**
Approximately 80. 00 sq m (861 sq ft)
**Terms**
The property is available by way of a new efri lease for a term of years to be
agreed at a rent of £8, 750 pax.
**Rating assessment**
We understand that the premises have a rateable value of £6, 300 effective from
1st April 2023. Under current government legislation, Small Business Rate
Relief could result in no rates being payable (subject to eligibility). It is
recommended that any interested party confirm the accuracy of this information
and the rates payable with the Local Authority.
**Energy performance**
EPC Rating C 60.
**VAT**
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Graham S Hall upon this basis and where silent,
offers will be deemed net of VAT.
**Legal costs**
Each party to be responsible for their own costs incurred in this transaction.
**Anti - money laundering regulations**
In accordance with anti - money laundering regulations, two forms of
identification and confirmation of the source of funding will be required from
the purchaser / tenant.
**Viewing**
For general enquiries and viewing arrangements please call sole agents Graham
S Hall Chartered Surveyors.

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