Newgate Shopping Centre, Bishop Auckland, DL14 7EG
Size
900 - 29,499
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- High street retail, High street retail, Shopping centre, Shopping centre
- Frontage
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No floor / site plan
Key features
- Well connected via the A689, A688 and A1(M).
- Supported by major employers across healthcare, public sector, manufacturing and logistics.
- 12 miles from Durham and 15 miles from Darlington.
- Is situated adjacent to the new £11.8m Bishop Auckland Bus Station and STACK leisure development.
- 11 retail units ranging in size from 83.6m2 (900sq ft) to 2,740 m2 (29,499 sqft) together
Description
Newgate Shopping Centre provides an opportunity to acquire a significant town centre asset and reposition it through proactive asset management to drive footfall and income, benefiting from the the New Bus Station adjacent to the property.
Newgate Shopping Centre will play an important role in connecting the new transport hub to the high street, taking advantage of this key infrastructural to create a platform for future improvement, including the new STACK leisure development proposed adjacent to the main entrance on Newgate Street. The Town attracts an estimated 1m visitors a year with attractions such as Auckland Castle, the Spanish Galleries and the annual Kynren outdoor live-action show. The team behind Kynren are currently delivering the first phase of its next project Kynren- The Storied Lands, a brand-new historical theme park located within the wider Kynren Park.
There may be opportunities to reconfigure and right size the asset through a program of refurbishment and redevelopment, subject to planning.
EPCs available on request.
Location
Newgate Shopping Centre is located in the market town of Bishop Auckland, within County Durham, North East England. Bishop Auckland has a strong heritage as a historic and administrative centre and has evolved into a key retail and service hub serving the surrounding rural and suburban communities.
The town lies approximately 12 miles southwest of Durham, 15 miles north of Darlington, and 20 miles south of Newcastle upon Tyne. Bishop Auckland benefits from a solid local labour catchment and good accessibility via the A689 and A688, connecting to the A1(M). Major employers in the wider area include NHS Trusts, retail and public sector organisations, manufacturing firms, logistics operators, and employers within the Tees Valley and Durham corridors.
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Brochure
Newgate Shopping Centre, Bishop Auckland, DL14 7EG
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