The property is located in the heart of Bishop Auckland Town Centre, in the prime shopping area of Newgate Street at the junction with Princes Street.
Surrounding occupiers include Subway, British Red Cross, Boyes and Darlington Building Society. Description
The subject property is a block of three rectangular shaped ground floor retail units with glazed frontage to Newgate Street together with self-contained first floor offices, accessed off Princes Street.
Internally the first floor provides five individual office suites together with a communal kitchen, breakout, and WC facilities. The space benefits from painted plastered walls, suspended ceilings, carpeted floors and gas central heating throughout.
The property also benefits from car parking to the rear which is accessed off the A689. Accommodation
Suite 1 - 33.36 sq m (359 sq ft) Suite 2 - 46.85 sq m (504 sq ft) Suite 3 - 42.89 sq m (462 sq ft) Suite 4 - 11.51 sq m (124 sq ft) Suite 5 - 13.39 sq m (144 sq ft) Terms
Suites are available by way of new leases for a term of years to be agreed at the rents quoted below.
Suite 1 - £5,385 per annum Suite 2 - £7,560 per annum Suite 3 - £6,930 per annum Suite 4 - £1,860 per annum Suite 5 - £2,160 per annum
Quoted rents are inclusive of rent, service charge, insurance, utilities, cleaning of communal parts and exclude business rates and telecoms / internet. Rating assessment
We understand that the below rateable values are effective from 1st April 2017.
Suite 1 - £1,875 Suite 2 - £2,800 Suite 3 - £2,550 Suite 4 - £770 Suite 5 - tbc
Under current government legislation, Small Business Rate Relief would result in no rates being payable (subject to eligibility).
Some assessments may have been the subject of appeal and it is therefore, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment. Energy performance
The property has an energy performance rating of 64 within Band C. Legal costs
Each party to be responsible for their own costs incurred in this transaction. VAT
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. Viewing
For general enquiries and viewing arrangements please contact sole agents Graham S Hall Chartered Surveyors.
Property descriptions and related information displayed on this page are marketing materials provided by Graham S Hall Chartered Surveyors. 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 Graham S Hall Chartered Surveyors for full details and further information.