£425,000

Office for sale

  1. Property photo 1 of 1.

Offers in region of

£425,000

(£53.23/sq. ft)

Office for sale

Newbottle Street, Houghton Le Spring DH4

9,863 sq. ft

Local area information

Property location

Nearby amenities

  • Burnside Academy Inspires 0.2 miles
  • Kepier 0.4 miles
  • Chester-le-Street 4.3 miles
  • Seaham 5.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Houghton Le Spring to find out more about the local area.

Features and description

  • Prominent town centre office building
  • High quality fit out constructed 2003
  • Totalling 9,863 ft2 (916 m2) over 3 floors
  • Passenger lift to all floors
  • Private parking for 9 cars
  • Suitable for owner occupation/redevelopment STP
Location
Houghton le Spring lies approximately 7 miles northeast of Durham and 8 miles southwest of Sunderland. The property is situated at the northern end of Newbottle Street at its junction with Station Road in the town’s main retail pitch where nearby retailers include B&M, Iceland, Lidl, Savers and Superdrug amongst others.

Description
Comprising purpose built detached 3 storey office building of steel framed construction with pitched roof constructed and occupied by Gentoo in 2003 as a housing office. The building is arranged over 3 levels plus plant room with a passenger lift to all floors and a surfaced car park to the rear for approximately 9 cars shown on the attached plan for identification purposes only.

Accommodation
ft2 m2
Ground Floor offices NIA 3685 342.34

First Floor offices NIA 4324 401.70

Lower Ground Floor stores NIA 1854 172.24

total 9863 916.27

Externally Car park to rear – 9 marked bays

Tenure
We are advised the property is Freehold under various titles. A small proportion of the site registered under title number TY285351 is unregistered, and title indemnity insurance will be provided accordingly.

Asking Price
Reduced to oiro £425,000 (four hundred and twenty-five thousand pounds). We are advised the property is not subject to VAT.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley


• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £48,000. The Uniform Business Rate for the Rates Year 2025/2026 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations
In accordance with aml Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref C4226

EPC Energy Rating 51/C

Agents Note
Gento may be willing to consider taking a lease of the of part of the premises on terms to be agreed. Further details on request.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Houghton Le Spring
  5. Newbottle
  6. Newbottle Street