Retail Property (high street) to rent

27 Upper Yoden Way,Peterlee,SR8 1AL

1,049 sq. ft. | £12,860 pa| £1,072 pcm

Property Description

Commercial information

  • 1,049 sq ft (97 sq m)
  • Use class orders: A1 Shops

Key features

  • Peterlee benefits from 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

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 1,049 sq ft 97.45 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 12,860 per annum.

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

Rateable Value: 11,250.00
Rates Payable (2015/16): 5,400.00

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

SERVICE CHARGE
2013/14 On Account Service Charge 2,809.94

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Rating is Band G (191). A full copy of the EPC is available for inspection if required.

VAT
All references to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Any offer received will be deemed exclusive of VAT.

LEGAL COSTS
The ingoing tenant to be responsible for all reasonable legal costs incurred in the transaction




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.

Floorplans


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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Property reference 27upperyoden. 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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