Property Details
Pugh Auctions
Lot 102
Lot 102
Auction: July 2016 (L)

84/86 Medomsley Road, Consett, County Durham, DH8 5HS

Property Details
Location

The property is located within an established parade of retail units fronting on to Medomsley Road (B6038) and in close proximity to Consett village centre. Durham city centre is approximately 13 miles to the south east.

Description

Double fronted two storey retail unit plus rear storage warehouse premises which is trading as Bargain Booze and occupied by way of a FRI lease.

Accommodation

We detail below the following accommodation and net internal floor areas: Ground Floor: Sales and Storage 80 sq m (860 sq ft) First Floor: Storage/Office 36 sq m (387 sq ft) Rear Warehouse: 76 sq m (818 sq ft) Total: 192 sq m (2,065 sq ft)

Outside

Rear warehouse premises with yard area.

Approx Site Area

Approximately 206 sq m (246 sq yds).

Tenure

The property is held long leasehold for a term of 125 years (Less 3 days) from 29 October 2003 at a fixed ground rent of ú1,500 per annum.

Planning

Interested parties should consult direct with the Local Planning Office, Durham County Council, County Hall, Durham, DH1 5UL. Tel: 0300 123 7070, Fax: 0191 383 4500.

Tenancy

The retail unit and rear warehouse storage premises are held under two separate law society leases both for terms of 10 years from 3rd December 2004 at a combined rent of ú13,600 per annum. The lease has provision for 3 year upward only rent reviews. The tenant is currently holding over on both leases.

VAT

VAT at the prevailing rate is payable in addition to the gavel price.

General

Energy Performance Asset Rating = G.

Property Location Address:
84/86 Medomsley Road,
Consett,
County Durham,
DH8 5HS
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Auction Details
Auction: July 2016 (L) Date: 21st July 2016 Lot Number: 102 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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