The Old Powerhouse at Garden Cottage, Plawsworth, Durham, DH3 4EQ
0191 731 8660
| Property Type | Retail |
| Tenure | To Let |
| Size | 910 sq ft |
| Rent | £15,000 per annum |
| Business Rates | Upon Enquiry |
| Rateable Value | £7,000 |
| Service Charge | Upon Enquiry |
| VAT | Not applicable |
| Energy Performance Rating | This property has been graded as D (85) |
The property is prominently located on Medomsley Road, close to the junction with Front Street in the centre of Consett. The town benefits from strong local trade and serves as a hub for surrounding villages, with a population catchment in excess of 50,000. Nearby occupiers include a mix of national and independent retailers, food operators, and service businesses.
The premises comprise a ground floor hot food takeaway unit, previously occupied by Papa John’s, with the benefit of Sui Generis planning consent.
The unit is partially fitted and includes a range of fixtures, fittings and equipment left in situ, available for use by the incoming tenant without warranty. Items include: commercial extraction canopy, walk in refrigeration and freezer units, wall and floor finishes suitable for hot food use.
Fixtures, fittings and equipment are provided on an “as is” basis, subject to agreement of commercial terms, incoming tenants may use or remove these at their own expense.
| Floor/Unit | sq ft | sq m |
|---|---|---|
| Ground | 910 | 84.54 |
The property is available by way of a new lease for a term of years to be agreed at a rent of £15,000 pax, paid quarterly in advance.
A rent deposit will be required, the amount of which will be subject to tenant covenant strength.
Rateable Value: £7,000 (Effective 1st April 2023)
If the ingoing tenant is eligible for Small Business Rates Relief, no rates will be payable.
Without Small Business Rate Relief, the rates payable are currently £3,493 per annum.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
Each party to be responsible for their own costs incurred in this transaction.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
