Retail Property (high street) to rent

54-56 Newgate Street, Bishop Auckland, DL14 7WQ

3,250 sq. ft. | £45,000 pa| £3,750 pcm

Property Description

Commercial information

  • 3,250 sq ft (301 sq m)
  • Use class orders: A1 Shops

Letting information:

Furnishing: Unfurnished
Letting type: Commercial

Key features

  • Situated just off the prime pedestrianised section of Newgate Street
  • Available by way of assignment or alternatively on a sublease for a shorter term.
  • Nearby retailers include Brighthouse, Poundland, Vodafone and Nobles Amusements.

Full description

LOCATION

The premises are situated just off the prime pedestrianised section of Newgate Street, the principal retail destination within the town centre. Nearby retailers include Brighthouse, Poundland, Vodafone, Nobles Amusements and Specsavers as indicated on the attached Goad Extract.

ACCOMMODATION

The accommodation is arranged over ground, first and second floors and offers the following approximate floor areas and dimensions:

Gross Frontage 26 3 12 m
Ground Floor Sales 1662 sq ft 104.4 sq m
Ground Floor Store
1588 sq ft 147.5 sq m

LEASE TERMS

The property is available by way of an assignment an existing 15 year Effectively Full Repairing and Insuring Lease from 23th December 2010, due to expire in December 2025. The current passing rent is 45,000pa excl.

Alternatively the property is available on a sublease for a shorter term.

Incentives may be available to any ingoing
tenant, subject to status.

RATES

We are verbally advised the premises are assessed for rating purposes as follows:

Rateable Value 47,250.00
Rates Payable 2015/16 23,294.00

Interested parties are advised to make their own enquiries of the Local Rating Authority for verification of the above.

ENERGY PERFORMANCE CERTIFICATE

An EPC is available upon request at this office.

LEGAL COSTS

Each party will bear their own legal costs incurred in connection with this transaction.

VAT

All figures quoted in these terms are exclusive of any VAT that may be payable.


More information from this agent

Nearest stations

  • Bishop Auckland (0.4 mi)
  • Shildon (2.9 mi)
  • Newton Aycliffe (4.8 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 stations

  • Bishop Auckland (0.4 mi)
  • Shildon (2.9 mi)
  • Newton Aycliffe (4.8 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 5456NewgateStreet. 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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