19 Horsemarket Barnard Castle County Durham DL12 8LY

19 Horsemarket
Barnard Castle
County Durham
DL12 8LY

Freehold Retail Investment

Let on a new 5 year lease guaranteed by Hart UK Limited
Located in Affluent Market Town
Nearby occupiers include Co-operative Food, Costa Coffee, Greggs and Clarks Shoes
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
58
Auction
23rd March 2016
Rent
£12,000 per Annum Exclusive
Status
Sold
Price
£145,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Let on a new 5 year lease guaranteed by Hart UK Limited
Located in Affluent Market Town
Nearby occupiers include Co-operative Food, Costa Coffee, Greggs and Clarks Shoes
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 58
Auction 23rd March 2016
Rent £12,000 per Annum Exclusive
Status Sold
Price £145,000
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 16 miles west of Darlington, 21 miles south-west of Durham
Roads: A67, A1(M)
Air: Durham Tees Valley International

Situation

Barnard Castle is a popular market town, 21 miles south-west of Durham and home to the nationally renowned Bowes Museum. The property is situated on the eastern side of Horse Market in the town centre, adjacent to Co-operative Convenience Store, with Costa Coffee, Greggs and Clarks Shoes also located nearby.

Tenure

Freehold.

Location

Miles: 16 miles west of Darlington, 21 miles south-west of Durham
Roads: A67, A1(M)
Air: Durham Tees Valley International

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit together with a first and second floor which are accessed via a hatch only.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit together with a first and second floor which are accessed via a hatch only.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First/Second	Retail/Ancillary Ancillary	50.49 sq m Not Measured	(534.47 sq ft)	INDIVIDUALS (t/a Jagrat Ladies Accessories) (1) guaranteed by Hart UK Limited	5 years from 29/06/2015 on a full repairing and insuring lease (2)	£12,000	28/06/2020
Totals		50.47 sq m	(534.47 sq ft)

(1) Jagrat is a jewellery, accessory and gift store (source: www.jagrat.co.uk 22/02/206).
(2) The lease provides an option to determine on 29th June 2018.