Restaurant/cafe to let in Walkergate, Durham DH1

Restaurant/cafe to let 4,580 sq. ft*
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Property description

Walkergate is Durham’s prime city centre leisure destination. A collection of bars and restaurants located within a purpose built 42,646 sq ft open air scheme, opened in 2008.

Walkergate is in a prominent position on Leazes Road (A690) with views over the River Wear, a short walk from Prince Bishops shopping centre and Durham’s retail core, and key tourist destinations. It is adjacent to a 103 bed Premier Inn hotel, hm Passport and National Savings & Investments offices, Gala Theatre & Cinema, with Durham Station a 9 minute walk.

The traditional retail pitch comprises Silver Street and Market Place, a short walk from Walkergate. This location provides a traditional pedestrianised high street and accommodates a number of important multiple retailers including Tesco Metro, wh Smith, and Boots. Linked to this is Durham’s main shopping centre, Prince Bishops, which is open air scheme off Market Place and Saddler Street. Important retailers include Next, H&M, jd Sports, and tj Hughes.

Walkergate is anchored by a 13,946 sq ft Lloyds No. 1 Bar (jd Wetherspoon), as well as Slug & Lettuce, Nando’s, Ebony champagne bar, ask Italian, and Players bar. It provides an attractive public realm environment and destination for shoppers and tourists to eat and drink.

The subject premises comprise the former Chiquitos which remains fully fitted.The unit is split over ground floor (3531sqft) and mezzanine levels (1049sqft) with the kitchen at the rear of the lower level.

The scheme has an annual service charge which is circa £26k per annum in addition to the rental -Chiquitos were apying circa £85k per annum . Full details to be discussed with any suitable applicants of proven covenant status.

Inspection is recommended.

Property info

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

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For more information about this property, please contact
Reid Birkett, NE20 on +44 1661 697336 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reid Birkett, and do not constitute property particulars. Please contact Reid Birkett 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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