*Guide | £160,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Building Arranged to Provide a Ground Floor Shop and First Floor Ancillary Space Let to Lloyds Bank Plc Producing £25,000 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor shop and first floor ancillary space.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include; Morrisons, Costa Coffee and OneGym. The open spaces of Riverside Park are within easy reach. Transport links are provided by Chester-le-Street rail station.
Accommodation
Ground Floor Retail Area First Floor Ancillary Space
Tenancy
The property is subject to a FRI lease to Lloyds Bank Plc for a term of 10 years commencing 31st October 2018 at a rent of £25,000 per annum.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
