Retail premises to let in Festival Walk, Spennymoor DL16, £14,750 pa
14,750.00 per month
Offer Nr.:
63951793
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
@retail
Phone(s):
0330 038 7422
Email:
* Prominently positioned in the heart of the pedestrianised section of Festival Walk
* Fitted out and ready for immediate occupation.
* Nearby occupies includeFarmfoods, Aldi, Card Factory, The Original Factory Shop, Greggs, pdsa, Farplace and Hindhaugh Opticians
_Location/situation_
Spennymoor is found in the district ofSedgefield located approximately 8
miles south of Durham and 14 miles north of Darlington. The town has a
resident population of 22, 438 (2021 Census). The property isprominently
located within the recently refurbished Festival Walk scheme, which is
anchored by a new Aldi store. The surrounding area is predominantly retail,
leisureand residential uses with parking nearby.
_Accommodation_
Arranged over ground floor and first floor only, with the following
approximate dimensions and floor areas:
Shop Depth
13. 43m
44’1”
Internal Width
7. 64m
25’1”
Ground Floor Sales
100. 43m2
1, 081ft2
Ground Floor Stores/Loading
24. 80m2
267ft2
First Floor Stores
62.29m2
692ft2
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 tobe agreed is
available at a rent of £14, 750 per annum exclusive.
_EPC_
Further details of the Energy Performance Certificate to follow.
_Business rates_
RateableValue
£12, 500
2023/2024 ubr
£0. 499
Estimated Rates Payable
£6, 238
Given the Rateable Value is between £12, 001 - £15, 000, there will be significant
discountavailable on the Rates Payable figure. Interested parties are advised
to make their own Business Rates enquiries with the relevant Local Authority.
_Costs/VAT/servicecharge_
Each party is to be responsible for their own legal costs incurred with this
transaction. Please note VAT is not chargeable on the annual rent. A service
chargeis payable to cover the costs of the maintenance of the exterior
structure and common parts.
_Viewing_
For enquiries, viewing, and general information, please contact@retail:
Jonathan Chapman
E:
M:
* Fitted out and ready for immediate occupation.
* Nearby occupies include
_Location/situation_
Spennymoor is found in the district of
miles south of Durham and 14 miles north of Darlington. The town has a
resident population of 22, 438 (2021 Census). The property is
located within the recently refurbished Festival Walk scheme, which is
anchored by a new Aldi store. The surrounding area is predominantly retail,
leisure
_Accommodation_
Arranged over ground floor and first floor only, with the following
approximate dimensions and floor areas:
Shop Depth
13. 43m
44’1”
Internal Width
7. 64m
25’1”
Ground Floor Sales
100. 43m2
1, 081ft2
Ground Floor Stores/Loading
24. 80m2
267ft2
First Floor Stores
62.
692ft2
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
available at a rent of £14, 750 per annum exclusive.
_EPC_
Further details of the Energy Performance Certificate to follow.
_Business rates_
Rateable
£12, 500
2023/2024 ubr
£0. 499
Estimated Rates Payable
£6, 238
Given the Rateable Value is between £12, 001 - £15, 000, there will be significant
discount
to make their own Business Rates enquiries with the relevant Local Authority.
_Costs/VAT/service
Each party is to be responsible for their own legal costs incurred with this
transaction. Please note VAT is not chargeable on the annual rent. A service
charge
structure and common parts.
_Viewing_
For enquiries, viewing, and general information, please contact
Jonathan Chapman
E:
M:
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