£6,000 pa

Retail premises to let

  1. Property photo 1 of 1.
Let agreed

£6,000 pa

(£17.14/sq. ft. pa)

Retail premises to let

Pottery Yad, Houghton Le Spring DH4

350 sq. ft

Local area information

Property location

Nearby amenities

  • Kepier 0.3 miles
  • Bernard Gilpin Primary School 0.3 miles
  • Chester-le-Street 4.4 miles
  • Seaham 5.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Houghton Le Spring to find out more about the local area.

Features and description

  • Arranged over ground floor only
  • Located just off Newbottle Street
  • To rear of Iceland Store
  • Totalling 350 ft2 (32.52 m2) plus WC
  • 1 allocated car parking space
  • Available October 2024
Location
Pottery yard is located just off Newbottle Street which is the main shopping area serving the town of Houghton le Spring where nearby occupiers include Superdrug, B&M, Greggs, Lidl and Ladbrokes amongst others. The property is located to the rear of the new Iceland store.

Description
The property forms part of a larger building and comprises open plan retail/office space with small washroom to the rear. It is arranged over ground floor only and the building benefits from a private car park to the rear with 1 allocated car parking space. The premises have been fully refurbished within the last 3 years.

Accommodation
The property briefly comprises as follows:-

Accommodation ft2 m2
Ground Floor
Retail/Office 350 32.52
WC

Externally
1 allocated car parking space

Tenure
A new Lease is available at a commencing annual rental of £6,000 plus VAT for a term of years to be agreed (minimum 3 years) on an effective basis subject to 3 yearly Rent Reviews. A rental bond may be required subject to tenant status.
VAT

The rent is subject to VAT.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley



• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £2,125. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification

Money Laundering Regulations
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.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref
C4260
EPC

Energy Rating 113/e

More information

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