Unit 2, Bowden Place, Meadowfield, Durham, DH7 8TB

Description
The property comprises a two storey detached modern purpose-built office with ancillary car parking.

The building is of steel portal frame construction with part rendered external brick and blockwork cavity walls, two storey glass curtain walling to the North-East elevation, powder coated rainwater goods and hermetically sealed double-glazed windows all under a flash roof system.

Internally, the unit is fitted to a high specification to include; suspended ceilings, Cat II lighting, gas central heating and Cat 5 computer cabling. The premises also benefit from kitchen and wc facilities on each floor.

Location
The property occupies a prominent elevated corner position on St. Johns Road, which is the main thoroughfare on the well-established and popular Meadowfield Industrial Estate.

The property is located approximately 2.5 miles southwest of Durham City and midway between the conurbations of Tyneside and Teesside. Newcastle is approximately 20 miles to the north and Middlesbrough is 25 miles south-east.

The A167 and A1(M) are in proximity with access via Junction 61 of the A1(M) providing access to the rest of the region.

The area benefits from good public transport links with the Arriva bus number X46 and Arriva bus number 49A serving the entrance to St Johns Road. The mainline intercity railway services provided in Durham City allow for easy access throughout the country.

Terms
The property is available by way of a new EFRI lease for a term of years to be agreed at an annual rent of £23,500 pax.

Business Rates
First Floor
Rateable Value : £20,000 (Effective 1st April 2023)
Estimated Rates Payable : £9,980

Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV. It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.

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

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.