Shop to rent

Rainton Gate Village Centre, West Rainton

From 1,076–4,305 sq. ft. | £6,458 pcm| £1,490 pw

Property Description

Commercial information

  • 1,076 sq ft (99 sq m)
  • Use class orders: A1 Shops, A3 Restaurants and Cafes, A5 Hot Food Take away and D2 Assembly and Leisure

Full description

DEVELOPMENT SUMMARY
- Proposed new retail development for West Rainton
- Comprising retail units ranging from approximately 100 m2 (1,076 sq ft) to 400 m2 (4,305 sq ft) of retail
- Rents from 18 psf per annum exclusive (subject to contract)
- Planning anticipated for A1,A2,A3,A5 and D2 uses
- Estimated hand over of units for shop fitting from Autumn 2017 (subject to planning and build)
- Units handed over to a developer's shell specification with capped services of water, electricity and drainage.

LOCATION
The site is situated to the south-west corner of West Rainton and located approximately 5 miles to the north-east of Durham city centre, 23 miles north of Darlington. Newcastle upon Tyne is located 18 miles to the north.

West Rainton has a resident population of 2,316 (2011) and has an annual average daily flow of traffic on the A690 of 28,785 vehicles per day.

SITUATION
The site is bounded to the north-east by Station Road, to the south east by A690, and to the north west by the east coast mainline. To the south west of the site is open agricultural fields. The site is currently green field and slopes down from east to west. The site totals 11.35 Ha (28 acres).

DESCRIPTION
Rainton Gate Village Centre is part of the Greenbeck Grange Masterplan/Development which will see the construction of 150 new dwellings over 3 years starting in Spring 2017. The new village centre will comprise modern retail parades with associated parking and loading.

SPECIFICATION
The units will be handed over to a developer's shell specification with capped services and drainage.

LEASE DETAIL
Shop units will be available on new tenants effective full repairing and insuring leases for a minimum term of 10 years subject to upward only rent review on the 5th anniversary. Rents from 18 psf.

PLANNING
The units will have the benefit of A1, A2, A3 and A5 uses, subject to planning.

SERVICE CHARGE
Each tenant will be responsible for a fair proportion of a service charge based on floor area for the maintenance and insurance of the building and any common areas. Further details upon request.

RATES
The units will be assessed by the Valuation Office on completion but the tenant will be responsible for Rates.

ENERGY PERFORMANCE CERTIFICATE
An EPC will be available for each unit upon completion of the build


More information from this agent

Nearest stations

  • Durham (3.6 mi)
  • Chester-le-Street (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268183 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 stations

  • Durham (3.6 mi)
  • Chester-le-Street (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268183 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 RaintonGateVillageCentreWESTRAINTON. 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 Connect Property North East Ltd, Stockton-On-Tees.

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