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Property to rent

Former The Cooperage Site

£50,000 pa
fees apply

Property Description

Letting information:

Added on Rightmove: 28 May 2016 (750 days ago)

Key features

  • Busy Roadside Location
  • Built up Residential Area & Parking Available
  • Very Close Proximity to A1(M) and Excellent Transport Links
  • Retail Area Extending 357m2 (3,218 sq ft) Office Area Extending 290m2 (3,121 sq ft)
  • Retail 50,000 per annum
  • Offices 9 per sq ft

Full description

LOCATIONBowburn is a village in County Durham, England. It is situated about 3 miles to the south-east of Durham, on the A177, between Coxhoe to the south-east, and High Shincliffe to the north-west.The subject property is located just off the A1(M) motorway in close proximity to Bowburn Industrial Estate and is situated at the end of a row of terraced houses.DESCRIPTIONThe property is a terraced, traditional brick construction under a concrete tile roof and comprises ground floor retail sales of 3,842 sq ft together with 2,884 sq ft of first floor office space. The site is currently under redevelopment.ACCOMMODATIONGround Floor – 357 m2 (3,842 sq ft) First Floor Office 1 – 148m2 (1,593 sq ft)First Floor Office 2 – 120m2 (1,291 sq ft)TERMSRetailAvailable by way of a new EFRI Lease at a rent of £50,000 for a term of years to be agreed in multiples of 5 years.OfficesAvailable by way of a new EFRI Lease at a rent of £9psf for a term of years to be agreed in multiples of 5 years.RATING ASSESSMENTTo be assessedLEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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.ENERGY PERFORMANCEAwaiting EPC rating.VIEWINGFor general enquiries and viewing arrangements please contact Joseph I’Anson on 0191 383 9999 or via email AGENTS NOTESYou may search our company website for details of all our current instructions.In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.A copy of the Code of Leasing Business Premises: England and Wales can be obtained at or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.

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Property reference 2880. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors & Estate Agents, Newcastle upon Tyne - Commercial.

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