Newbottle Street, Houghton Le Spring, Tyne and Wear, DH4

LOCATION

The property is situated in the town of Houghton-le-Spring, which is situated approximately 15 miles south-east of Newcastle Upon Tyne and 8 miles north-east of Durham, with a current population of 12,550 persons (census 2021). Houghton-le-spring is located just off the A690 with access leading onto the A19 and A1 leading to Newcastle Upon Tyne to the north-west and Durham to the south-west. The shop occupies a strong position in the main retail area of the town. Other occupiers nearby include Lidl, B & M, Ladbrokes, Greggs, Dickinsons Butchers and Savers.

DESCRIPTION

The property comprises a two-storey, mid- terraced building of brick construction under a pitched slate roof and mineral covered flat roof. The ground floor is well presented having been refurbished in 2024 (at a reported cost of around £150,000) and includes a suspended ceiling with integral LED lighting and is fully fitted with fridges, freezers and display shelving as well as service counter. To the rear of the retail area is a storeroom/office and staff room. There is additional storage within the basement which also leads to the small rear yard. The first floor is included in the demise and is separately accessed from the front. It comprises three rooms together with a toilet and former kitchen. The property has been operated as a convenience store for many years. It was most recently operated by Morrisons Daily but closed as part of their national restructuring programme.

ACCOMMODATION

We have measured the property as providing the following net internal areas: Ground floor Retail area 95.41 sq m (1,027 sq ft) Office 15.03 sq m (162 sq ft) Staff room 6.89 sq m (74 sq ft) Basement/storage 42.98 sq m (463 sq ft) TOTAL 160.31 sq m (1,726 sq ft) First floor Kitchen 9.55 sq m (103 sq ft) Office 16.37 sq m (176 sq ft) Office 19.99 sq m (215 sq ft) Office 7.80 sq m (84 sq ft) TOTAL 53.71 sq m (578 sq ft)

TENURE

Subject to obtaining vacant possession, the property is available to let as a whole on a full repairing and insuring lease for a term of years to be agreed.

RENT

The property is available to let to include the fixtures and fittings in the ground floor retail area at a rent of £16,000 per annum exclusive of business rates and payable monthly in advance. The property is not registered for VAT and, therefore, VAT is not payable on the rent.

BUSINESS RATES

The property is entered into the current Rating List with a rateable value of £13,750. Interested parties should confirm the rates liability with the business rates department of the Local Authority.

LEGAL COSTS

Each party to bear their own legal costs.

VIEWING

Strictly by appointment through Sole Agents youngsRPS Contact Paul Fairlamb or Chris Pattison at the Newcastle office on All figures quoted above are exclusive of VAT where chargeable.

LOCAL AUTHORITY

Sunderland City Council, Civic Centre, Burdon Road, Sunderland, SR2 7DN