Castle Dene Shopping Centre, Yoden Way, Peterlee, Durham
Size
300,000
Lease length
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EPC
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Parking
900
Spaces
9
- Size
- Price
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- Primary use
- Shop
- Frontage
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Description
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- Status
- Available
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- Size
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- Shop
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- Size
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- Status
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- Size
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- Primary use
- Shop
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Description
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- Status
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- Size
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- Shop
- Frontage
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Description
Additional information
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- Status
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- Business rates
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- Size
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- Primary use
- Shop
- Frontage
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Description
Additional information
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- Status
- Available
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- Business rates
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- Size
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- Primary use
- Shop
- Frontage
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Description
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- Status
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Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
- Transport links
- Well connected
- Natural light
- Open plan
- Plug and play
- Cleaning services
- Communal areas
- Professional management
- Cafe
- Restaurant
- Outdoor seating
- Property manager on site
- Security system
- Twenty four hour access
Key features
- Forms the core retail offer within Peterlee, serving a strong and loyal local catchment
- Major food store anchor driving consistent and high levels of footfall
- Excellent public transport connectivity supporting regular visitor flow
- Ongoing residential development across surrounding areas increasing demand and footfall
- Potential to introduce new uses and operators to further strengthen the scheme
Description
The scheme is anchored by an 80,000 sq ft Asda superstore, which drives strong and consistent footfall to the centre, alongside a complementary mix of national multiples, independent retailers and service operators. Its position adjacent to the town’s central bus station ensures excellent accessibility and connectivity, attracting both local residents and visitors from the wider catchment.
Castle Dene benefits from a well-established and convenience-led retail offer, supporting regular shopping habits and repeat visits. The centre plays a key role in the day-to-day needs of the community, reinforced by its central location and ease of access.
Peterlee continues to see ongoing expansion, with significant residential development underway across the surrounding former coalfield land. This growth is increasing the town’s population and strengthening the long-term retail demand for the scheme.
- Let type
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- Status
- Available
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- Business rates
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- Use class
- E
- Floors in building
- 1
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
About Praxis Real Estate Management LTD, London
Praxis is a boutique, privately owned investor and manager of UK commercial real estate with a heritage and pedigree that dates back over four decades.
14 SHOPPING CENTRES ACROSS UK
63 MILLION ANNUAL FOOTFALL
773 RETAIL UNITS
About the owner: Praxis Real Estate Management Ltd
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