* Approximately 156. 77 sq m (1, 688 sq ft)
* High Volumes of Passing Traffic
* Would Suit a Variety of Uses
* Surrounding Occupiers; Papa Johns, Ramsdens, Westway Vets, Dominos & Iceland
* Small Business Rate Relief Available (Subject to Eligibility)
* Excellent Owner Occupier / sipp Investment Opportunity
* Rent £12, 000 pax
* Freehold £135, 000
**Location**
Consett is a market town situated 14 miles southwest of Newcastle upon Tyne
and 13 miles northwest of Durham City at the junction of the A691/A692, both
of which provide the link to the A1(M).
Consett is home to over 37, 000 people, growing to 68, 000 people within a
30 - minute drivetime.
**Situation**
The subject property occupies a prominent position on Medomsley Road which
benefits from
high volumes of passing traffic and footfall. Surrounding occupiers include
Papa Johns, Ramsdens, Westway Vets, Domino's Pizza, Iceland, Euronics &
Pattinson Estate Agents.
**Description**
The premises comprise a two storey mid - terrace retail unit of brickwork
construction beneath a pitched slate covered roof, incorporating uPVC double
glazed windows and doors.
We feel that the property is suitable for a variety of uses. Most recently it
has operated as a cafe / restaurant with seating at ground and first floor but
was previously the offices of a local firm of Accountants for many years,
until their business was sold.
**Accommodation**
Ground Floor - 79. 62 sq m (857 sq ft)
First Floor - 51. 61 sq m (556 sq ft)
Basement - 25. 55 sq m (275 sq ft)
total 156. 77 sq m (1, 688 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 £12, 000 pax.
Alternatively, our client will consider offers in the region of £135, 000 for
the benefit of their Freehold interest.
**Business rates**
Rateable Value : £5, 800 (Effective 1st April 2023)
Estimated Rates Payable: £0
Our estimates are calculated by applying the appropriate Business Rate
Multiplier to the rv and (if applicable) making an adjustment for Small
Business Rate Relief. Not all properties or 'small businesses' qualify for
relief.
It is important that interested parties confirm the accuracy of this
information and the rates payable with the Local Authority.
**Energy performance**
EPC rating B41.
**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 & further information**
For general enquiries and viewing arrangements please contact Sole Agents;
Graham S Hall Chartered Surveyors.

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