Retail Property (high street) to rent

28 New Elvet

£26,000 pa| £2,167 pcm

Property Description

Key features

  • Retail Unit To Let
  • Close To University Students Union
  • Ground Floor NIA 78m2 (839 sq ft)
  • Neighbouring Occupiers Include Cooplands, Convenience Stores and Letting Agents
  • Located On Busy Thoroughfare
  • Rental 25,000pax

Full description

SITUATIONDurham, the jewel of the North East has a catchment approaching 100,000 being located only 1 mile from the A1(M) Motorway with direct inner city links to London & Edinburgh.Durham City Centre has a population in the region of 40,000 and an urban population including outskirts of some 80,000 which is boosted by a large student population of approximately 15,000 that attends the University of Durham.The property benefits from being opposite to Durham University Students Union backing onto the river Wear and close to the City Centre. New Elvet is a busy student thoroughfare linking University accommodation to the South with the City CentreDESCRIPTIONThe property occupies the ground floor of a two storey period building under pitched concrete tile roof.ACCOMMODATIONThe accommodation briefly comprises:Ground Floor Retail 78m2 (839 sq ft)W/CTERMSThe property is available by way of a new lease for a term of years to be agreed in multiples of 5 years subject to 5 yearly upward only rent reviews on an effective full repairing and insuring basis with the tenant responsible for internal repairs together with all repairs to doors and windows and the landlord responsible for repairs to the main fabric of the building, management and the maintenance of the rear service area and all boundary walls and fences.RENTALRental offers in the region of £26,000pax are sought.RATING ASSESSMENTWe 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 RVShop and premises £16,250LEGAL COSTSThe ingoing tenant to be responsible for the landlords reasonable legal costs incurred in the preparation of the lease.ENQUIRIESAll enquiries are directed to our Durham Office on 0191 383 9999.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Durham (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0028 Local call rate

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Map & Street View

Nearest station

  • Durham (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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