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4 Hailsham Place,Castle Dene Shopping Centre,Peterlee,SR8 1AB

£25,000 pa (£2,083 pcm)
2,967 sq. ft.

Property Description

Commercial information

  • 2,967 sq ft (275 sq m)
  • Use class orders: A1 Shops

Key features

  • Peterlee is recognised as the retail and services core of the District of Easington
  • Excellent road communications
  • Good public transport links
  • A19 trunk road situated approximately half a mile to the east
  • Provides direct access to Teesside, Sunderland, Durham and Newcastle
  • 1,131 free car parking spaces
  • approximate average weekly footfall of 210,000 persons per week
  • The shopping centre provides approximately 28,369 sq m (305,366 sq ft) of retail accommodation
  • Located on ground floor
  • The unit provides 2,967 sq ft of retail space

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 210,000 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 and B&M Bargains. Costa have now opened in Yoden Way Market Square, the first national coffee outlet for the scheme.

Accommodation:

The unit provides the following approximate areas:-

Ground Floor Sales 2,967 sq ft 275.64 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 25,000 per annum.

Rateable Value:

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

Rateable Value: 28,750.00
Rates Payable (2015/16): 14,173.75

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

Energy Performance Certificate:

The Energy Performance Asset Rating is Band 298 (G). A full copy of the EPC is available for inspection if required.


More information from this agent

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