Retail Property (out of town) to rent

Unit 1 Broadclose Court, Peterlee, SR8 1AJ

7,222 sq. ft. | £55,000 pa| £4,583 pcm

Property Description

Commercial information

  • 7,222 sq ft (670 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Ample car parking nearby
  • Benefits from a dedicated service yard
  • Close to Peterlee town Centre
  • Situated close to the entrance of Castle Dene Shopping Centre
  • Shell specification
  • Capable of further sub-division
  • Ground floor only
  • The unit provides 7,222 sq ft of retail accommodation

Full description

Location:

The premises are situated within Broadclose Court close to the entrance to the Chare within Peterlee Town Centre, and constitute the last remaining unit from within a subdivision of the former Safeway Supermarket, the other units now being occupied by Sports Direct and Carpetright as indicated on the attached street traders plan. Other nearby retailers include Argos, Shoe Zone, Brighthouse and Boots and additionally there is a 90 space surface car park directly opposite with a further 300 spaces in the immediate vicinity.

Accommodation:

The accommodation is arranged on ground floor only and benefits from rear service access via a dedicated service yard. Details of the approximate floor areas and dimensions:-

Main frontage 52 ft 9 ins 16.2m
Splay frontage (entrance) 26 ft 0 ins 7.9m
Return frontage 20 ft 1 ins 6.1m
Internal width 73 ft 4 ins 22.4m
Shop depth 101 ft 5 ins 30.8m
Gross internal area 7,222 sq ft

The unit will be delivered to shell specification and is capable of further sub-division to create two units of approximately equal size.

Lease Terms:

The entire unit is available by way of a new 15 year effectively full repairing and insuring lease subject to 5 yearly rent reviews at an initial rental of 55,000 per annum.

Rateable Value:

We are verbally advised that the premises are assessed as follows:-

Rateable Value 33,500.00
Rates payable April 2015/16 16,515.50

Interested parties are advised to contact the Local Rating Authority for verification of the above.

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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