Durham House, Dragonville Retail Park, Dragon Lane, Durham, DH1 2XW

Description
A purpose built, detached steel portal frame unit with part brick and profile metal clad elevations beneath a pitched insulated roof. The property includes a secure yard/parking area to the side and two roller shutter doors, the main of which measures approx. 4m x 4.2m, providing excellent loading access.

Internally, the unit is arranged in three main sections, providing a combination of open-plan retail and ancillary storage. It benefits from an eaves height of c. 4.25m, rising to 4.85m, with a solid concrete floor, suspended fluorescent lighting, and generous display and loading areas. The accommodation also includes a dedicated office, WC, and kitchen facilities, providing a well-rounded operational environment.

Location
The property occupies a prime roadside position on Dragon Lane, at the entrance to Dragonville Retail Park – one of Durham’s most established out-of-town retail and trade destinations. Just 1.7 miles east of Durham City Centre and less than 2 miles from Junction 62 of the A1(M), the location offers excellent regional connectivity and high levels of visibility, sitting directly opposite the newly opened Wickes, McDonald’s, and Starbucks.

Dragonville serves a wide catchment area, drawing customers from Durham and surrounding communities via the A690 and A1(M). Nearby occupiers include a strong mix of national retailers, trade suppliers, and motor dealerships, such as:

Retail: Tesco, Aldi, Lidl,The Range, Home Bargains, Wickes, B&Q & Currys
Trade: Travis Perkins, Howdens, MKM & Screwfix
F&B: McDonald’s, Starbucks, KFC, Greggs & Pizza Hut
Car Dealerships: Toyota, Peugeot, BMW/Mini, & Hyundai

Terms
The property is available by way of a new FRI lease for a term of years to be agreed, at an annual rent of £55,000 exclusive.

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.

Business Rates
Rateable Value (Effective 1st April 2023): £21,000
Estimated Rates Payable: £10,479

Interested parties should confirm the accuracy of this information and the actual rates payable with the Local Authority.