Restaurant to rent
Property description & features
The subject property is located on New Elvet in Durham city centre. New Elvet is a popular retail and business location in the city centre and benefits from local and national occupiers including Elvet Estates, Cooplands, Verdra Inns, Enzo Hairdressings and The Half Moon Inn.
The subject property is situated close to the busy pedestrianised Elvet Bridge which leads to Saddler Street and the Milburngate development.
Durham, the jewel of the North East is centrally located between the other major urban areas within the region. Newcastle upon Tyne approximately 18 miles to the north, Sunderland 15 miles to the north east and Teesside 20 miles to the south.
DESCRIPTION
The property occupies the ground floor of a 3 storey, brick built period building fronting New Elvet.
The property comprises open plan retail accommodation which may be suitable for a variety of uses within Use Class E.
ACCOMMODATION
Total 29.9m² 322ft²
RATING ASSESSMENT
Description RV Estimated Rates Payable
Shop and Premises £9,600 £4,790.40
We are advised that the rateable value of the premises as at 1 April 2017 is £9,600 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
Awaiting EPC Rating.
TERMS
The property is available by way of a new lease with terms to be agreed at £15,000 (Fifteen Thousand Pounds) per annum.
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.
VIEWING
For general enquiries and viewing arrangements please contact Joseph I’Anson or Marc Pickering at Bradley Hall.
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Property reference DRH220181_L. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Durham.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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