Burnhope Way, Peterlee, Durham, SR8 1NT

Location

Peterlee is a well-established East Durham town with a population of circa 20,000, benefitting from a strong retail and business community. The property occupies a highly prominent position on Burnhope Way, directly opposite Castle Dene Shopping Centre and the town’s main bus station, ensuring excellent public transport access.

The property is immediately adjacent to the retail park which includes Starbucks (drive-thru), Lidl, and other national retailers, driving significant footfall to the area.

Peterlee benefits from superb road connectivity: Located just off the A19 dual carriageway, providing fast links north to Sunderland (13 miles) and Newcastle upon Tyne (24 miles) and south to Hartlepool (8 miles) and Teesside (15 miles). The A1(M) is easily accessible via the A690.

Rail services are available at nearby Horden Station (East Coast Main Line connection via Seaham and Hart...

Accommodation

Accommodation is versatile and could suit a variety of occupiers including office, educational, medical, charitable, or community use (subject to planning).

Total Net Internal Area: 2,463 sq ft (228.89 sq m)

Ground Floor: 118.39 sq m (1,274 sq ft)
Reception and waiting area; Range of small meeting rooms / offices; Large kitchen with food preparation facilities; Additional kitchenette; Disabled WC facilities

First Floor: 110.50 sq m (1,189 sq ft)
Range of office / training rooms; Large resource room with partition doors to subdivide space
Male and female WCs; Staff shower facilities & Fitted kitchen

Business Rates

With effect from 1 April 2023 the property is assessed as follows:
Rateable Value: £20,250
Interested parties are advised to verify the rates payable with Durham County Council.

Specification & Features

-Suspended ceilings with modern lighting
-Solid concrete floors with carpet / vinyl covering
-Heating via first-floor combi boiler system
-Internal CCTV system
-Electric roller shutters to external doors and windows
-Partitioning system to subdivide larger training/meeting rooms
-High quality internal finishes throughout

Tenure

Freehold – title reference DU273457. Available For Sale by Online Auction.

Contact Information

For more information please contact the commercial team on or the Peterlee office for viewings which is located opposite the property

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.