Property description
Bishop Auckland is a well established market town situated 25 miles south of Newcastle upon Tyne, 20 miles north west of Middlesbrough and 8 miles south west of Durham City Centre.
The subject property is located in a prominent corner position on Market Place fronting Newgate Street which is the prime retailing area for the town. Neighbouring retailers include Card Factory, Grainger Games, Sports Direct and Home Bargains.
The subject property comprises ground floor retail space with first floor accommodation above accessed separately. The property benefits from large return frontage in a busy retail location. The ground floor is secured by electric roller shutters and alarm system.
Internal Width (max) 18.60m (61’00”)
Sales Depth (existing) 27.39m (89’11”)
Ground Floor NIA 594.25m2 (6,397 sq ft)
First Floor Storage/Staff 373.52m2 (4,021 sq ft)
Male and Female WC facilities
Details of the first floor accommodation are available on request.
Available by way of a new FRI lease for a term of years to be agreed.
Offers are sought in the region of £45,000 per annum.
We understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.
Description RV UBR
Ground Floor Retail £59,000 45.8p
Each party will be responsible for their own legal costs incurred in connection with this transaction.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors on 0191 383 9999.
Property Features :
- Prominent Corner Location
- High Footfall Area
- Ground Floor Sales 594.25m2 (6,937sq ft)
- Large Return Frontage
- Secure Unit