Retail premises to let in 106-108A Newgate Street, Bishop Auckland DL14

From £10,000 pa (£14.25/sq. ft. pa)
From 702 - 2,382 sq. ft*
Interested in this property? Call +44 191 392 0630 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Ground Floor Retail from 65.20 sq m (702 sq ft) to 221.30 sq m (2,382 sq ft)
  • Prime Town Centre Location with Prominent Return Frontage onto Princes Street
  • Surrounding Occupiers: Subway, British Red Cross, Co-operative Travel & Boyes
  • Ancillary Storage / Offices Available at First Floor if Required
  • Allocated Car Parking to the Rear
  • No Business Rates on Individual Units (Subject to Eligibility)
  • New Leases Available from only £10,000 per annum

Property description

Situation


The property is located in the heart of Bishop Auckland Town Centre, in the prime shopping area of Newgate Street at the junction with Princes Street.

Surrounding occupiers include Subway, Greenwoods, British Red Cross, Boyes, Co-operative Travel and Darlington Building Society.


Description


The subject property is a block of three rectangular shaped retail units with glazed frontage to Newgate Street . No. 108a is an end terrace unit that also benefits from return frontage to Princes Street.

Internally the units provide retail sales, kitchen and WC facilities to the rear and are secured by electric roller shutters and security alarm systems.


Accommodation


The units can be interconnected and leased in whole or in part. The floor areas are as follows:

106 Newgate Street - 74.10 sq m (797 sq ft)
108 Newgate Street - 82 sq m (883 sq ft)
108a Newgate Street - 65.20 sq m (702 sq ft)

Total - 221.30 sq m (2,382 sq ft)


Terms


The units are each available by way of a new efri leases for a minimum term of 3 years at an annual rent of £10,000 per annum. A lease of all three units is available at a rent of £25,000 per annum.


Rating assessment


We understand that the below rateable values are effective from 1st April 2017.

106 Newgate Street - £7,200
108 Newgate Street - £6,700
108a Newgate Street - £6,000

Under current government legislation, Small Business Rate Relief would result in no rates being payable (subject to eligibility).

Some assessments may have been the subject of appeal and it is therefore, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.


Energy performance


Epc's available on request.


Legal costs


Each party to be responsible for their own costs incurred in this transaction.


VAT


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.


Viewing


For general enquiries and viewing arrangements please contact sole agents Graham S Hall Chartered Surveyors.

Property info

  • Brochure
  • Available immediately
  • Unfurnished

Nearby transport

  • Bishop Auckland (0.4 miles)
  • Shildon (2.9 miles)
  • Newton Aycliffe (4.8 miles)
  • Durham Tees Valley Airport (14.5 miles)
  • Newcastle Airport (26.0 miles)
  • Leeds Bradford International Airport (55.1 miles)
  • Transporter Bridge South Side (18.7 miles)
  • Transporter Bridge North Side (18.7 miles)
  • Newcastle International Ferry Terminal (24.5 miles)

Nearby schools

View all schools in County Durham
  • Etherley Lane Primary School (0.3 miles)
  • Evergreen Primary School (0.7 miles)
  • Cockton Hill Junior School (0.7 miles)
  • Durham Sixth Form Centre (9.1 miles)
  • Endeavour Academy Durham (14.8 miles)
  • River Tees High Academy (20.5 miles)
  • King James I Academy Bishop Auckland (0.3 miles)
  • Bishop Barrington School A Sports with Mathematics College (1.0 mile)
  • St John's School & Sixth Form College - A Catholic Academy (1.1 miles)
Note: Distance is shown as a straight line measurement

Local info for County Durham

About the neighbours in DL14

* Sizes listed are approximate. Please contact the agent to confirm actual size.

For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)

Contact Graham S Hall Chartered Surveyors about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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