* • Situated on prominent high street
* • Free On - street Parking
* • Excellent transport links
* • Potential full residential development for HMO
**Location**
The subject property is located on a prominent high street with high footfall
in Meadowfield, Durham. As the property is located on the A690, which is the
main road that passes through Meadowfield, it provides great access into
Durham City Centre and subsequently the A1(M). There is an abundance of local
retailers situated on the high street, as well as nationals such as Lidl and
Tesco, which are located at the opposite end of the A690.
**Description**
The subject property comprises a brick built mid - terrace mix use property with
ground floor commercial and first floor residential accommodation with a
tenant in occupation. The ground floor is currently fitted as a bakers but
would be suitable for a variety of uses. There is potential for a full
residential conversion opportunity and the property lies outside the boundary
of the Article 4 Direction for HMOs in Durham. Externally there is a rear
yard/small workshop unit.
**Accommodation**
Ground Floor Commercial – 90. 69 m2 (976 ft2)
First Floor Residential – 61. 00 m2 (657 ft2)
Total 151. 69 m2 (1, 632 ft2)
**Rating assessment**
Description rv Estimated Rates Payable
Shop and premises £3, 950 £1, 971. 05
We are advised that the rateable value of the premises as at 1 April 2017 is
£1, 971. 05 and we have estimated the accrual rates payable for the current year
above. 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.
**EPC rating**
Address Rating
Flat 54a Frederick Street South E
Ground floor To be assessed
**Terms**
The freehold of the property is available to purchase for a guide price of
£122, 500.
**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.
**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.

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