Retail premises to let in St Cuthbert's Walk Shopping Centre, Chester Le Street DH3, £13,000 pa

13,000.00 per month

Offer Nr.:
51015311
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Bradley Hall
Phone(s):
0191 686 9796

* Unfurnished
**Location**
St Cuthbert’s Walk Shopping Centre is situated on Front Street the principle
retail street in the market town of Chester - le - Street. Road communications to
Chester - le - Street are excellent with access via the A167 to Durham and the
South and the A692 to Stanley in the West.
Chester - le - Street also lies off junction 63 of the A1(M) providing excellent
ac - cess to Newcastle, Gateshead, Darlington, Durham and all major road net -
works. Chester - le - Street also boasts a mainline railway station on the East
coast mainline.
**Description**
St Cuthbert’s Walk Shopping Centre is the principle covered shopping centre in
the heart of Chester - le - Street town centre extending to approximately 60, 000sq
ft and adjoining a 370 space car park anchored by the Morrison’s Supermarket
with further lettings to Iceland Frozen Foods, Boots the Chemist Ltd, Shoe
Zone Retail and a variety of other local occupiers. The property also has the
benefit of dedicated car parking.
**Accommodation**
Retail unit - 127. 27m² 1, 370ft²
**Rating assessment**
Description rv Estimated Rates Payable
Shop & Premises £17, 500 £8, 155
We are advised that the rateable value of the premises as at 1 April 2017 is
£17, 500 and we have estimated the accrual rates payable for the current year
above. This is based on the standard Small Business Rate of 48p in the pound.
However, interested parties should confirm the current position with the Local
Authority.
**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.
**EPC rating**
D83
**Terms**
Units are available by way of a new effective full repairing and insuring
lease for a term of years to be agreed. The tenants are to be responsible for
internal repairs together with all repairs to doors and windows and with the
landlord responsible for all external repairs having a right to recover a
proportion of these costs together with the cost of maintenance and repair of
the common areas, management and security by way of a service charge. The
landlord will insure the property and recover a proportion of the annual
insurance premium from each tenant.
**Legal costs**
Each party is to bear their own legal costs involved in the transaction.
**Money laundering regulations**
In accordance with the Anti - Money Laundering Regulations the Purchaser/Tenant
will be required to provide two forms of identification and proof of the
source of income.
**Viewing**
For general enquiries and viewing arrangements please contact Joseph i’Anson
at Bradley Hall.
Tel: Email:

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