- Ground Floor Retail Extending 94.50 sq m (1,017 sq ft)
- High Footfall Area
- Surrounding Occupiers Include: Sainsbury's Local, Iceland, Boots & Greggs
- Less than 0.25 Miles from Durham Main Line East Coast Railway Station
- Close City Centre Regional Bus Terminus
- Only 50m from New Riverwalk Mixed Use Retail, Leisure & Student Residential Development
- Would Suit a Variety of Uses (Subject to Planning)
- New EFRI Lease Available
- Rent £27,500 pax
Durham City Centre is an easily accessible and very popular destination that is well connected to all the surrounding nearby towns. With the A1, a major north south trunk road and good link roads, Newcastle, Darlington and Sunderland all lie within a 30 minute drive time.
There is also excellent rail, coach and bus services into Durham from the surrounding major conurbations and the City enjoys a healthy number of visitors and tourists from all over the country.
The property occupies a prominent position on North
Road with surrounding occupiers including: Sainsbury's Local, Boots, Hays Travel, Subway, Iceland & Greggs.
The new Odeon Luxe Cinema has recently opened in the former Gates Shopping Centre which has been rebranded as The Riverwalk and houses a number of retail, restaurant and leisure operators including Cosy Club. In addition, the development will provide over 250 student bedrooms and covered parking for close to 500 vehicles.
The premises comprise a self-contained ground floor retail unit within a three-storey brick and stone-built property. The property benefits from extensive frontage, a large sales area and WC facilities to the rear.
Ground Floor Retail - 94.50 sq m (1,017 sq ft)
The property is available by way of a new EFRI lease for a term of years to be agreed at a rental of £27,500 pax.
To be reassessed for ground floor only.
The property has an EPC rating of 81 within Band D.
Each party to be responsible for their own costs incurred in this transaction.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
For general enquiries and viewings please contact Graham S Hall Chartered Surveyors.