|Location||chester le street|
|Facilities||Fully Modernised night club|
|Number of Bedroom(s)||4|
The property is situated on Front Street which is the main retail parade within the town of Chester Le Street. The subject premises are located at the southern end of Front Street which is a mixture of retail and leisure units with Weatherspoons being situated in the adjoining property to Onyx Bar.
Chester Le Street is a market town in County Durham with a district population of 53,672 and situated approximately 10 mines south of Newcastle upon Tyne and close to the junction of the A167 and A1(M).
Onyx club is a fully fitted out nightclub which has been recently refurbished to provide a ready to trade leisure unit. The property provides a substantial bar space on the ground and first floors. The property benefits from a passenger lift to the rear to provide DDA access to the first floor bar.
The property comprises the below areas:
Ground Floor 354.7m² (3,817.9ft²)
First Floor 236.9m² (2,549.9ft²)
Total 591.6m² (6,367.8ft²)
The property is available by way of a new fully repairing and insuring lease, for a term of years and rent review pattern to be agreed. Rental price is available on application.
Description RV Estimated Rates Payable
Premises £32,250 £15,189.75
We are advised that the rateable value of the premises as at 1 April 2010 is £32,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
Each party is to bear their own legal costs involved in the transaction.
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.
For general enquiries and viewing arrangements please contact Jonathan T Finn Estate agents, 0191 5277030