LOCATION/SITUATION
The property is situated at the northern end of the street, almost immediately adjacent the City’s principal Bus Station, serving approximately 2 million passenger journeys annually. North Road acts as one of the main pedestrian thoroughfares linking Durham’s Market Place with the popular prime Silver Street.
ACCOMMODATION
Currently arranged over ground and first floor, the unit has the following approximate dimensions and floor areas:
54/54a North Road
| Internal Width | 30’00’’ | 9.16 m |
| Ground Floor NIA | 1,385 sqft | 128.67 sqm |
| First Floor NIA | 629 sqft | 58.44 sqm |
The unit is split level internally with step access (3 steps) within the front shop. The units can be taken as a whole or subdivided, and consideration would be given to a tenancy of the ground floor only should this be preferable.
LEASE TERMS
A new effective Full Repairing & Insuring lease for a term to be agreed is available. Rent on application for all configuration options. A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. Further details available upon request.
EPC
The property has an Energy Performance rating of C.
BUSINESS RATES
| Rateable Value | £20,250 |
| Estimated Rates Payable April 25/26 | £10,104.75 |
| *Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority. Units will be reassessed if let on an individual basis. | |
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
AML
In accordance with Anti Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
VIEWING
For enquiries, viewing, and general information, please contact @retail:
Sarah Hart
E: sarah@atretail.co.uk
M: 07985768514
| Town/City: | Durham |
| Property type | Retail |
| Size | 1,385 sq ft |
| Planning use | E |
Rent: £45,000
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