Office to let in Office To Let No Retail Frontage, 85 New Elvet, Durham DH1

Key Points

Description

Just off Durham Highstreet 85 New Elvet is a 3 story attached property with an attractive period timber and rendered frontage. The ground floor is long with an opened planned retail frontage which is occupied by Loc8 me, there are office spaces and additional areas for retail to the rear on a sub lease bases. The first floor and second floor has been converted to residential accommodation with a separate entrance and is not included with this property.

Location

Durham City Centre is an easily accessible and very popular destination that is well connected to all the surrounding nearby towns. With the A1, a major north south trunk road and good link roads, Newcastle, Darlington and Sunderland all lie within a 30 minute drive time. There is also excellent rail, coach and bus services into Durham from the surrounding major conurbations and the City enjoys a healthy number of visitors and tourists from all over the country.

Viewings

Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

Terms

Offered for let on a new 5 year fully repairing and insuring lease - the rent will be £12k to £18k per annum + VAT. A deposit equal to 3-month rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance.

Availability_Text

The accommodation comprises the following areas:

Refurbishment And Investment

The space is in need of renovations, the rent will depend on the investment required by the landlord. If the landlord is to carry out the renovation works, the rent will be £18k per annum, if the new tenant carries out the works, the rent can be lower at a minimum of £12k.