12 Middle Street, Consett, DH8
Rent £13,500 pax

PRIME TOWN CENTRE RETAIL UNIT                                     

LOCATION
Consett is a popular County Durham market town that is home to over 30,000 people.

The town is situated approximately 14 miles south-west of Newcastle upon Tyne and 13 miles north-west of Durham City, making it accessible from both cities within 25 minutes.

Consett is well positioned at the junction of the A691/A692, both of which provide links to the A1(M) and within 2 miles of the A68 which provides access further north to Edinburgh.

SITUATION
The property lies in the heart of the town centre on Middle Street, Consett’s prime retailing thoroughfare, occupying a prominent position next door to Ladbrokes and directly opposite Heron Foods.

This stretch of Middle Street benefits from significant footfall due to its proximity to well-known occupiers such as Hays Travel, Argos & Wetherspoons, as well as being within a 1-2 minute walk of Consett’s two main car parks (c. 250 spaces) and the town’s bus interchange, which provides links to surrounding towns and cities.

DESCRIPTION
The property comprises a two-storey retail unit with a well-proportioned ground floor sales area and first-floor ancillary staff/storage space, including WC and kitchen facilities. The property benefits from excellent return frontage, offering increased visibility and enhanced display opportunities on this busy section of Middle Street.

ACCOMMODATION
Ground Floor - 60.30 sq m (649 sq ft)
First Floor - 33.20 sq m (357 sq ft)

Total - 93.50 sq m (1,006 sq ft)

TERMS
The premises are available on a new full repairing and insuring lease for a term of years to be agreed at a rent of £13,500 pax.

BUSINESS RATES
Rateable Value (Effective 1st April 2023) - £9,700
Estimated Rates Payable - £0

Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV and adjusting for Small Business Rate Relief. Not all properties or ‘small businesses’ qualify for relief. Interested parties should confirm the accuracy of this information and the actual rates payable with the Local Authority.

ENERGY PERFORMANCE
Awaiting EPC.

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.