Shop to rent

1-3 Upper Chare,Castle Dene Shopping Centre,Peterlee,SR8 1BW

1,253 sq. ft. | £10,500 pa| £875 pcm

Property Description

Commercial information

  • 1,253 sq ft (116 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Peterlee is recognised as the retail and services core of the District of Easington
  • Excellent road communications
  • Good public transport links
  • 1,131 free car parking spaces
  • Approximate average weekly footfall of 110,000 persons per week
  • The shopping centre provides approximately 28,369 sq m (305,366 sq ft) of retail accommodation
  • Retail unit is situated on The Upper Chare
  • Provides 1,253 sq ft of retail accommodation

Full description

Location:

Peterlee is recognised as the retail and services core of the District of Easington. The town benefits from excellent road communications and public transport links with the A19 trunk road situated approximately half a mile to the east which provides direct access to Teesside, Sunderland, Durham and Newcastle.

The town centre is dominated by the Castle Dene Shopping Centre which incorporates 1,131 free car parking spaces and benefits from an approximate average weekly footfall of 110,000 persons per week.

Description:

The shopping centre provides approximately 28,369 sq m (305,366 sq ft) of retail accommodation. Established occupants include Asda, The Post Office, Ladbrokes, Iceland, Boots, New Look B&M Bargains to name but a few.

Accommodation:

The unit provides the following approximate areas:-

Ground Floor Sales 1,253 sq ft 116.41 sq m

Lease Terms:

The unit is available on terms to be agreed, subject to gaining vacant possession. The lease will be drawn up on effectively full repairing and insuring terms via a service charge at an initial rent of 10,500 per annum.

Rateable Value:

We are verbally advised by the local authority that the property is assessed as follows:-

Rateable Value: 11,750.00
Rates Payable (2015/16): 5,640.00

Prospective tenants are advised to make their own enquiries to Easington Council, Tel: 0191 527 0501.

Energy Performance Certificate:

The property achieves an Energy Performance Rating of 124 placing it in a category E. A copy of the certificate is available upon request.

More information from this agent

Nearest station

  • Seaham (5.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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.

Map & Street View

Nearest station

  • Seaham (5.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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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Property reference 1_3UpperChareCastleDene. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 @retail, Newcastle Upon Tyne.

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