Established Town Centre Location For Range Of Businesses For Sale

Business description

FOR SALE
23 - 24 VICTORIA ROAD, CONSETT
OUR REF: NE013

Established Town Centre location
Potential for a range of business uses
Scope for sub division to provide separate retail and office accommodation subject to consents
FREEHOLD Offers over £295,000

Important Note
The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any error. No other statements contained in the particulars are to be relied upon as a statement of fact and intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of these statements. The Vendor or Lessors do not make or give North East Commercial Property nor any person in their employment any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated all prices and rentals quoted are exclusive of Value Added Tax to which they may be subject.
Viewing
Strictly by prior arrangement through North East Commercial Property Ltd..

LOCATION:
The property occupies a prominent corner position on Victoria Road which is an established retail area within the town centre. The property has return frontage onto Raglan Street. Other nearby occupiers include the Post Office and Library.
Consett has an expanding population. A considerable amount of residential development has taken place in the locality over the last 5 years .

DESCRIPTION:
The property provides two storey retail accommodation. The shop frontages have metal security shutters installed.

ACCOMMODATION:
Ground Floor:
Net internal width 11.43 m 37.50 ft
Return Frontage 16.5 m 54.2 ft
Built depth 19.4 m 63.8 ft
Ground floor sales area 190.1 m2 2046 ft2
Ground Floor Office 6.5 m2 70 ft 2
First Floor:
Front Sales area 150.50 m2 1620 ft2
Rear Sales area 64.50 m2 694 ft2
Store 20.90 m2 225 ft2
Office 22.10 m2 238 ft2
Second Floor:
Storage 93.50 m2 1006 ft2

RATES:
We have been informed by the Local Authority that the property is assessed on the following basis:
RATEABLE VALUE: £12,500
RATES PAYABLE 2008/2009: £5,725
Interested parties should verify the accuracy of this information with the local authority.

PLANNING:
At present the property benefits from A1 Planning Consent as defined in the Town and Country Planning Act Use Classes (Amendment) Order 2005.
The property has potential for a range of business uses and has scope for sub division to provide separate office and retail accommodation subject to receipt of consents.

PRICE:
Offers Over £295,000 for the FREEHOLD interest.

VIEWING:
Strictly by appointment through this office.

Property information

Property:

Leasehold