Whitworth Terrace, Spennymoor, County Durham, DL16

The building and car park is being offered for sale by Private Treaty.

Location:
The property is located on a busy road towards the south of Spennymoor, close to Whitworth Academy School. The town of Spennymoor has a population of 19,816 (2011 Census) and benefits from a range of facilities and amenities.
Spennymoor is located approximately 6 miles from Durham and 6 miles from Bishop Auckland.

Description
The property comprises a two-storey brick and stone building with glazed UPVC windows and pitched roofs. It was originally built as a Cooperative Food Store and has for over 50 years operated as a large Food retail store with large warehouse and car parking facilities. One Stop (convenience store) operate as the main tenant with a Tanning Shop also occupying space. There is over 10,000 sq.ft of vacant space along with a large under-utilised car park, offering development and asset management potential.

Accommodation

53-54 Whitworth Terrace
One Stop Convenience Store 2,500 sq.ft
Rent £25,000 pax
10 year lease from Aug 2023

57 Whitworth Terrace
Tanning Salon 636 sq.ft
Rent £6,240 pax
Holding over- in occupation since 2013

VACANT SPACE

55 Whitworth Terrace
approx 1200 sq.ft, Frontage 8m

56 Whitworth Terrace
approx 1000 sq.ft, Frontage 7m

Rear Warehouse
approx 8-9000 sq.ft

Large car park to rear

Spennymoor Bowls Club occupy first floor on 999 year lease.

Planning
The Property is currently classified as a Retail Shop (Use Class E). Planning permission would be needed to change any of the Areas to other uses.

Tenure
The Property is being sold as Freehold under two separate title numbers.
53-57 Whitworth Terrace (the buildings): DU214169
The Car Park to the rear: DU211814

Rights of Way, Wayleaves and Easements
The sale is subject to all rights of support, public and private rights of way, water, light, drainage, and other easements.

Method of Sale
The owner is offering the Freehold for sale by Private Treaty.

Offers
Offers are invited on both a conditional and an non-conditional basis

VAT
It is understood the building is not Elected for VAT but all parties to make their own enquiries. Any offers received will be deemed exclusive of VAT.

EPC Rating c57

Viewing
Strictly by appointment only

Costs
Each party to bear their own legal costs