Retail Property (high street) for sale

22 Newgate Street Bishop Auckland County Durham

Offers in Region of £325,000
2,677 sq. ft.

Property Description

Commercial information

  • 2,677 sq ft (248 sq m)

Full description

Tenure: Freehold

SITUATION/LOCATION
The property is prominently situated at the foot of the Newgate Shopping Centre in the heart of Bishop Auckland town centre. The location incorporates a dense variety of neighbouring occupiers including W H Smith, Topshop, Clinton Cards, Lloyds Bank, Boots, Holland and Barrett together with a range of local and regional businesses. Bishop Auckland is situated approximately 14 miles from Darlington and 11 miles south of Durham. The town has considerable regeneration plans centred around The Auckland Castle Trust.

www.aucklandcastle.org

PREMISES
Imposing Grade II Listed former bank with lock up kiosk. The property is of traditional stone construction incorporating a number of period features under a pitched and tile covered roof. The former banking premises incorporates timber frame single glazing and a gas fired central heating system providing ground floor sales together with offices/ stores and former strong room. On the first floor there are a number of offices and kitchen facilities with additional turret room on the second floor. There is access to a basement. The kiosk comprises ground floor lock up shop presently occupied.

ACCOMMODATION
The accommodation briefly comprises:-

Ground Floor 150.54sq.m. (1,620sq.ft.)

First Floor 71.76sq.m. (772sq.ft.)

Second Floor
Turret Room 15.33sq.m. (165sq.ft.)

Total NIA 237.63sq.m. (2,557sq.ft.)*

Kiosk 11.18sq.m. (120.3sq.ft.)

*Please note these measurements are approximate due to tenants fixtures and fittings at the time of inspection.

TENURE
Freehold


TENANCIES
Former Bank
Vacant

Kiosk
Occupied by way of a 10 year lease extension on effectively full repairing term from 01/04/2016 (original lease commenced 01/04/2006) at a rent of 6,250 per annum.

RATEABLE VALUE
The Valuation Office Agency website lists the rateable value with effect from 1st April 2010 as follows:- RV 31,250.

VAT
Any reference to price, premium or rent is deemed to be exclusive of VAT (if applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any event with their legal advisors.

VIEWING
Strictly by appointment only through agents.

ENERGY PERFORMANCE ASSET RATING
E - 105


More information from this agent

Nearest stations

  • Bishop Auckland (0.5 mi)
  • Shildon (3.0 mi)
  • Newton Aycliffe (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Carver, Commercial

18 St. Cuthberts Way, Darlington, DL1 1GB

01325 627026 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 (0.5 mi)
  • Shildon (3.0 mi)
  • Newton Aycliffe (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Carver, Commercial

18 St. Cuthberts Way, Darlington, DL1 1GB

01325 627026 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.

Disclaimer - Property reference 22NEWGATEST. 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 Carver, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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