(£7.91/sq. ft. pa)
Retail premises to letGround Floor, 168 - 170, Newgate Street, Bishop Auckland DL14
Local area information
- Bishop Auckland 0.1 miles
- King James I Academy Bishop Auckland 0.2 miles
- Etherley Lane Primary School 0.3 miles
- Shildon 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Ground Floor Shop
- Busy Market Town
- Popular Location
- Close to free car park
The property comprises a ground floor shop with rear servicing off Morrisons Car. A popular location due to low rental and rates costs the area is ideal for a variety of uses subject to planning.
The shop is being stripped of its former bookmaker fit out as shown on the attached photos and will be completed to a white box specification by the landlord including rudimentary lighting and sockets.
The property is available by way of a new tenants full repairing and insuring lease for a minimum term of 3 years at a commencing rental of £8,000 per annum exclusive.
VAT at is charged on top of the rent so equates to £800 per months including VAT.
The Valuation Office Agency website lists the ground floor shop with Rateable Value with effect from April 2023 as £9,300 rv.
We anticipate that occupiers will benefit from 100% Small Business Rates Relief. Interested parties should verify the accuracy of this information and rates payable with the local Rating Authority.
Ground floor sales : 1,012.00 sqft
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