No longer on the market
This property is no longer on the market
MapDistribution warehouse
Distribution warehouse
Features and description
LOCATION
The subject property is located within Spennymoor, around a 10-minute drive from the A1(M), which provides access to Durham and Newcastle in the North and Darlington in the South.
DESCRIPTION
The property is of steel frame construction with two electric shutters, so the unit can be split into two, which allows for dual occupation. There is yard space to the front and side of the property that can be used for parking or extra storage, dependant on the tenants needs.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
Total 186.21 m² 2005 ft²
EPC RATING
To be assessed.
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £9,000 and the estimated rates payable for the current year is £4,491 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. The property is eligible for full business rates relief, subject to certain criteria.
TERMS
The property is available by way of a new lease with terms to be agreed at £18,000 (Eighteen 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.
The subject property is located within Spennymoor, around a 10-minute drive from the A1(M), which provides access to Durham and Newcastle in the North and Darlington in the South.
DESCRIPTION
The property is of steel frame construction with two electric shutters, so the unit can be split into two, which allows for dual occupation. There is yard space to the front and side of the property that can be used for parking or extra storage, dependant on the tenants needs.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
Total 186.21 m² 2005 ft²
EPC RATING
To be assessed.
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £9,000 and the estimated rates payable for the current year is £4,491 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. The property is eligible for full business rates relief, subject to certain criteria.
TERMS
The property is available by way of a new lease with terms to be agreed at £18,000 (Eighteen 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.
About this agent
We are a multi-disciplinary chartered surveying and property consultancy with more than 25 years’ experience of the local housing market. Operating primarily from our Durham, Gosforth and Alnwick offices, our residential team is made up of highly qualified, motivated staff who pride themselves on offering an unrivalled personal service to homebuyers and sellers. We guide you through the sales process from instruction through to completion and strive to make this journey as hassle-free as possible. With our in-depth local knowledge, we are best placed to provide advice on the valuation, acquisition, disposal and letting of a wide range of homes. Our extensive marketing and negotiation skills enable us to get the best deal for you in a timely and efficient manner. We also provide consultancy services on a diverse range of regeneration projects, from city centre residential developments to mixed-use out-of-town schemes.