Retail premises to let in Beech Road, Durham DH1, £15,000 pa

15,000.00 per month

Offer Nr.:
65450928
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Bradley Hall
Phone(s):
0191 686 9796

* Unfurnished
**Location**
The subject property is located on Beech Road in Framwellgate Moor, Durham;
situated on a retail parade. The property benefits from fantastic transport
links, with bus stops located opposite the premises, Durham Train Station only
1. 5 miles away, and quick access onto the A1(M) via the A690, only 1. 4 miles
from the property.
**Description**
The subject property comprises of an end of terrace, two storey property with
a commercial unit to the ground floor and a self - contained flat on the first
floor. The ground floor retail unit if fully fitted as a hairdresser, with a
front and rear area, kitchen, and W/C. There is on street parking to the front
of the property.
**Accommodation**
Front sale 71m² 764ft²
Rear sales inc. Beauty Room 38m² 411ft²
Total 109. 2m² 1, 175ft²
**Rating assessment**
The rateable value of the premises as at 1 April 2023 is £6, 400 and the
estimated rates payable for the current year is £3, 193. 60. This is based on
the standard Small Business Rate of 49. 9p in the pound, however, interested
parties should confirm the current position with the Local Authority.
**Business opportunity/goodwill/inventory**
This opportunity comes with the benefit of leasing the property as a going
concern for a premium. The existing occupier is an established business and
accounts and an inventory list are available upon request.
**EPC rating**
To be assessed
**Terms**
The property is available to let at £15, 000 (Fifteen Thousand Pounds) per
annum, for a term of years to be agreed in addition to a premium for the
goodwill associated with the business. Further details are available on
request.
**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.
**Legal costs**
Each party is to bear their own legal costs involved in the transaction.
**Anti - money laundering regulations**
In accordance with the Anti - Money Laundering Regulations we are required to
verify the identify of the Purchaser/Tenant. We will do so based on name and
address data provided but we may also require you to provide two forms of
identification. We will require the Purchaser/Tenant to provide proof of the
source of income.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)