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8-9 Station Road, Lanchester, Co. Durham, DH7
Annual Rental Of £8,500

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Ground Floor Retail Unit of Approximately 50.90 sq m (548 sq ft)
Prominent Position with High Volumes of Passing Traffic
Lanchester is an Affluent Co. Durham Village, Approximately 8 Miles West of Durham City & 14 Miles South-West of Newcastle
Undergoing Refurbishment
No Business Rates (Subject to Eligibility)
Would Suit a Variety of Uses (Subject to Consents)
New EFRI Lease Available
Rent £8,500 pax

GROUND FLOOR SHOP TO LET IN AFFLUENT CO. DURHAM VILLAGE

LOCATION
Lanchester is a thriving rural village with a population of around 4,500 people. Situated approximately 8 miles West of Durham City and 14 miles South-West of Newcastle upon Tyne.

The A691 runs through the village and provides easy access to the nearby town of Consett, the City of Durham and beyond.

The subject property occupies a prominent position on Station Road which benefits from high volumes of passing traffic.

DESCRIPTION
The building comprises an end-terrace property under a pitched slate roof. The property is arranged over two floors, with retail accommodation to the ground floor and residential on the first.

The available space comprises, a ground floor retail unit with open plan sales to the front and kitchen / WC facilities to the rear. Following their recent acquisition of the property, our client is carrying out an internal refurbishment.

ACCOMMODATION
Approximately 50.90 sq m (548 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 £8,500 pax.

RATING ASSESSMENT
We understand that the premises have a rateable value of £3,900 effective from 1st April 2017. Under current government legislation, Small Business Rate Relief could result in no rates being payable (subject to eligibility). It is recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority.

ENERGY PERFORMANCE
EPC Rating – B 47.

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
For general enquiries and viewing arrangements please call sole agents Graham S Hall Chartered Surveyors.