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Unit 4, St Cuthberts Walk Shopping Centre

£18,000 pa| £1,500 pcm fees apply

Property Description

Letting information:

Reduced on Rightmove: 06 February 2015 (869 days ago)

Key features

  • Located in the Town¿s Only Covered Shopping Centre
  • Ground Floor Sales 113.1m² (1,217sq ft)
  • Incentives Available
  • Occupants include Morrison¿s, Iceland, Boots and Thorntons Café
  • 370 Space Car Park
  • Rental offers around £18,000pax

Full description

SITUATIONSt Cuthbert’s Walk Shopping Centre is situated on Front Street the principle retail street in the market town of Chester-le-Street. Road communications to Chester-le-Street are excellent with access via the A167 to Durham and the South and the A692 to Stanley in the West.Chester-le-Street also lies off junction 63 of the A1(M) providing excellent access to Newcastle, Gateshead, Darlington, Durham and all major road networks.Chester-le-Street also boasts a mainline railway station on the East coast mainline.DESCRIPTIONSt Cuthbert’s Walk Shopping Centre is the principle covered shopping centre in the heart of Chester-le-Street town centre extending to approximately 60,000sq ft with 370 car parking spaces anchored by the Morrisons Supermarket with further lettings to Iceland Frozen Foods, Boots the Chemist Ltd and Thorntons.ACCOMMODATIONGross frontage 8.60m (28’3”)Shop depth 17.84m (58’6”)Net internal area 113.1m² (1,217sq ft)TERMSThe property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed subject to a 3 or 5 yearly upward only rent reviews. The tenants are to be responsible for internal repairs together with all repairs to doors and windows and with the landlord responsible for all external repairs having a right to recover a proportion of these costs together with the cost of maintenance and repair of the common areas, management and security by way of a service charge. The landlord will insure the property and recover a proportion of the annual insurance premium from each tenant.LEGAL COSTSThe ingoing tenant is to be responsible for our clients reasonable legal costs involved in the transaction.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.


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