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Unit 28 The Chare, Castle Dene Shopping Centre, Peterlee

£2,500 pcm
£30,000 pa

£16.22 per sq. ft.

Business rates & charges may apply

1,850 sq. ft.
(172 sq. m.)
High street retail property to lease

Lease details

Lease type:
Long term

Key features

  • Public Transport Links
  • Nearby Parking

Property description

Peterlee is recognised as the retail and services core of the District of Easington. The town benefits from excellent road communications and public transport links with the A19 trunk road situated approximately half a mile to the east which provides direct access to Teesside, Sunderland, Durham and Newcastle. Castle Dene Shopping Centre provides the main shopping opportunity in the town, incorporating the high street and several free surface car parks. The centre is anchored by Asda, other retailers present are Wilkinson, Aldi, Iceland, Boots, Superdrug, Sports Direct and B&M Bargains.

Demise: Sq Ft Sq M
Ground Floor 1850 171.87

We are seeking rental offers in the order of £30,000 per annum exclusive.

Subject to Vacant Possession, the unit is offered on a new effectively Full Repairing and Insuring Lease, for a term of years to be agreed.

Business Rates:
The unit has a 2017 rateable value assessment of £27,500 Interested parties should satisfy themselves as to the rateable value and business rates payable by making their own enquiries with the Rates Department at the Local Council. The chancellor has announced 100% rates relief on eligible properties for 12 months from 1 April 2020.

Service Charge:
The on-account service charge for the year 2018 stands at approximately £6,860. EPC:
Energy Performance Asset Rating - E Legal Costs: Each party to be responsible for their own legal and professional costs incurred in this transaction.

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

Date Prepared:
February 2020

Subject to Contract


Unit 28 The Chare, Castle Dene Shopping Centre, Peterlee

Approximate location


Distances are straight line measurements from the centre of the postcode
  • Horden Station1.1 miles


10-12 East Parade, Leeds, LS1 2BH

More properties from BARKER PROUDLOVE LIMITED, Leeds


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