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Property Type Commercial
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Please download the full property specification below:


Retail Unit Newgate Street, Bishop Auckland, DL14 7EN

HIGH FOOTFALL | RENT £150PW | POPULAR STREET | TWO-STORY RETAIL UNIT

£150.00
pw

(Monthly: £650.00)

Features

+ £150 per week (£7,800 pa)
+ Total area 1023sqft (95sqm) spanning over two stories.
+ Ideal for start or relocating business
+ Retailers nearby include Morrisons, Asda Superstore, Halfords,  Barclays Bank, Bishop Auckland Hospital, and a range of restaurants and cafes.
+ Close to Newgate Shopping Centre
+ Close to bus stop and street parking seconds away

Location

Bishop Auckland is a market town serving the west of County Durham, approximately 10 miles from Durham and 15 miles from Darlington. The property is situated on Newgate Street, which is the main shopping street within Bishop Auckland. It is a short distance to Newgate Shopping centre thoroughfare, and is close to many retailers such as Morrisons, Asda Superstore, Halfords,  Barclays Bank, Bishop Auckland Hospital, and a range of restaurants and cafes.

Description 

This double-fronted corner unit, previously used as an insurance retailer and barber, offers ample room to suit a range of businesses. The unit spans two floors with the ground floor comprising of a very large retail room with two large external windows, storage room and kitchenette. The first floor comprises of two office rooms, small storage room and staff toilets. It is secure and benefits from external roller shutters and a fire exit, it is clean and tidy and is available for immediate occupation.

 Accommodation 

The accommodation comprises the following approximate Net Internal Areas:

Ground Retail Zone A:               30.2sqm (325.1sqft)
Ground Retail Zone B:                  12sqm (129.2sqft)
Ground Mess/Staff Room:           9.4sqm (101.2sqft)
First Office:                               21.19sqm (228.1sqft)
First Office:                               13.23sqm (142.4sqft)
First Internal Storage:                  5.88sqm (63.3sqft)
First Staff Toilets:                         3.38sqm (36.5sqft)

Total Area:                            95.28sqm (1025.9sqft)

Lease Terms

The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £7,800 per annum exclusive which equates to £150 per week.

Business Rates

The current rating assessment is as follows: Shop & Premises £4,900.

The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief.

For further information please contact Durham County Council.

Legal Costs

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.

VAT

All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

 

Contact Us

Call: 0191 477 5777 
WhatsApp: 07920 522 713

Call us to discuss your requirements: 0191 477 5777