Property description
SITUATION
Spennymoor is a busy County Durham town situated 7 miles South West of Durham and 14 miles North of Darlington. The town benefits from good communications being situated 3 miles to the West of Junction 61 of the A1 (M) (which links the town to the A1 (M) 69 miles to the South).
The property occupies a prominent position on High Street, just off Cheapside which represents the start of the town’s main pedestrianised shopping area
DESCRIPTION
The property comprises an end terrace, public house premises, of masonry construction under a pitched and tiled roof. The property benefits from substantial frontage with uPVC double glazing to the ground and first floor.
ACCOMMODATION
Bar: 99m2 (1,065 ft2)
Kitchen & Serving: 24m2 (258 ft2)
TERMS
The property is available by way of a new FRI lease at a rent of £15,000 pax for a term of years to be agreed subject to 3 or 5 yearly upward only rent reviews.
Our client is also inviting offers for their freehold interest in the property.
RATING ASSESSMENT
Any interested party should make their own enquiries with the Local Authority to confirm the current position.
LEGAL COSTS
Each party to bear their own costs incurred in connection with this transaction. The Landlord requires the Tenant to enter into an unequivocal undertaking to cover the Landlords costs should the matter become abortive due to the Tenant withdrawing for any reason after solicitors are instructed.
ENERGY PERFORMANCE
Certificate available upon request.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors and ask for Daryl Carr.
Property Features :
- Public House To Let
- Prominent High Street Location
- Ground Floor Extending 99m2 (1,065 sq ft)
- Freehold Offers Invited
- Rent £15,000 per annum exclusive