Leisure/hospitality to let in Newbottle Street, Newbottle, Houghton Le Spring DH4

Location/situation
The property is situated in a central location on prime Newbottle Street at a prominent corner location. The Town Centre hosts a good mix of both local and National retailers including Greggs, Superdrug, Heron Foods, Cooplands, Park Lane Cards, Costa and Lidl as shown on the attached location plan.

Accommodation
Arranged over ground, basement and first floors, with the following approximate dimensions and floor areas and dimensions:

Internal Width
6.95m
22’ 9”

Ground Floor Area
131.5 sqm
1415 sqft

Basement
61.7 sqm
664 sqft

First Floor
81.8 sqm
881 sqft

lease terms
A new Full Repairing & Insuring lease for a term to be agreed is available at a rent of £22,500 per annum exclusive.

EPC
The property has an Energy Performance rating of C.

Business rates

Rateable Value
£20,750

2022/2023 ubr
£0.499

Estimated Rates Payable
£10,354

Interested parties are advised to make their own Business Rates enquiries with the relevant Local
Authority.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information, please contact @retail
Ian Angus
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