7 Old Elvet, Durham City, DH1

LOCATION
Old Elvet is Durham City's main professional area and the recognised estate agency hub, with occupiers including JW Wood, Robinsons, and Dowens. It is also home to several of the city's legal firms, being in close proximity to Durham Crown Court and Delta Hotels Durham Royal County Hotel.

The prime shopping district of Market Place, Saddler Street, and Silver Street is within comfortable walking distance, as are the East Coast Main Line Rail Station and Durham Bus Station.

There is on-street parking immediately in front of the property.

DESCRIPTION
The available office accommodation is situated on the third floor of this attractive three-story building. The first, second, and third floors benefit from their own access off Old Elvet and are DDA compliant, featuring a passenger lift.

The present layout of Suite 1, provides reception with 2no. private offices / meeting rooms and 2no. general offices.

Suite 2 provides 2no. general offices and a staff break out area, which could be repurposed into a private office or meeting space by the Tenant if required.

Our client is willing to Let the floor in whole or part. Additionally, the floor benefits from kitchen and WC facilities.

ACCOMMODATION
Approximate net internal areas:

Suite 1 - 86.07 sq m (926 sq ft)
Suite 2 - 67.47 sq m (726 sq ft)

Total - 153.54 sq m (1,653 sq ft)

TERMS
The floor is available in whole or part, by way of a new EFRI lease for a term of years to be agreed, at the following rents:

Suite 1: £12,000 pax
Suite 2: £10,000 pax
Total: £22,000 pax

BUSINESS RATES
We understand that the available accommodation forms part of a larger Business Rate Assessment and as such, will need to be reassessed, when it is established whether we will be letting the entire third floor or part only.

ENERGY PERFORMANCE
EPC rating 74 C.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party to be responsible for their own costs incurred in this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

VIEWING & FURTHER INFORMATION
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors.