Property photos
£15,000 pa
(£12.82/sq. ft. pa)
Retail premises to let
4, Market Place, Bishop Auckland DL141,170 sq. ft
Local area information
Property location
Nearby amenities
- King James I Academy Bishop Auckland 0.3 miles
- Etherley Lane Primary School 0.5 miles
- Bishop Auckland 0.6 miles
- Shildon 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bishop Auckland to find out more about the local area.
Features and description
- Ground Floor Retail / Office Premises
- Popular Market Town
- Busy Town Centre Location
- Small Business Rates Relief
The premises are in a prominent position in Market Place close to the junction with Newgate Street, the principal high street retailing destination for the town. Occupiers in the immediate vicinity include the Spanish Gallery, Bishop Auckland Castle, Wetherspoons, O2 and Sports Direct.
The Town is undergoing positive change with a reported £30m private investment in Bishop Auckland Castle, The Auckland Project and the growing internationally acclaimed Kynren production attracting over 8,000 visitors to the town every weekend during peak season.
Accommodation
The property provides the following approximate net in-ternal areas and dimensions:-
Total Ground Floor 110.8 m2 (1,170 sq ft)
Dwc
• Open Plan but currently split into 4 spaces.
• it trunking
• LED lighting
• Carpeted
Lease terms
The property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at an initial commencing rent of £15,000 per annum exclusive.
The service charge is £1,250 per annum for current year.
Rating
Rateable Value 2023 - £6,900
Under current government legislation Small Business Rates Relief could result in no rates being payable on the unit subject to individual circumstances.
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
VAT
No VAT is charged on the rent.
Accommodation:
Retail / Office: 1,170.00 sqft
The Town is undergoing positive change with a reported £30m private investment in Bishop Auckland Castle, The Auckland Project and the growing internationally acclaimed Kynren production attracting over 8,000 visitors to the town every weekend during peak season.
Accommodation
The property provides the following approximate net in-ternal areas and dimensions:-
Total Ground Floor 110.8 m2 (1,170 sq ft)
Dwc
• Open Plan but currently split into 4 spaces.
• it trunking
• LED lighting
• Carpeted
Lease terms
The property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at an initial commencing rent of £15,000 per annum exclusive.
The service charge is £1,250 per annum for current year.
Rating
Rateable Value 2023 - £6,900
Under current government legislation Small Business Rates Relief could result in no rates being payable on the unit subject to individual circumstances.
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
VAT
No VAT is charged on the rent.
Accommodation:
Retail / Office: 1,170.00 sqft
More information
Listed by
Connect Property North East
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