£28,000 pa

Retail premises to let

  1.  Peterlee, Passfield Way
Just added

£28,000 pa

(£22.40/sq. ft. pa)

Retail premises to let

SR8

1,250 sq. ft

Local area information

Property location

Nearby amenities

  • The Academy at Shotton Hall 0.2 miles
  • Shotton Hall Primary School 0.3 miles
  • Horden 2.3 miles
  • Seaham 6.1 miles

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

Features and description

  • Prominent Roadside Neighbourhood Parade Development 200m from the A19.
  • 4,000sqft Sainsburys alongside Dominos, cvs Vets, Greggs
  • 70 Car parking spaces including electric charging facilities.
  • Suitable for a variety of uses subject to consents.
Location /situation

Located 1 mile west of Peterlee town centre in a largely residential
catchment, with Shotton Hall Academy and Primary School
immediately adjacent, this prominent site sits 200m east of the A19
with a nearby average daily traffic flow of ~65,000 vehicles (2019). This
provides strong direct links with Sunderland, Middlesbrough and
Newcastle, all within a 35 minute catchment of the site.
The scheme


The scheme provides 7 retail units of varying sizes alongside 70 car parking spaces. The last unit is available on a new effectively full repairing and insuring lease for a term to be agreed at an initial rent of £22.50 psf, exclusive of business rates, service charge, insurance and all other outgoings.
Availability

Arranged over ground floor only, the following highlights current lineup and last available opportunity within the 7 units.

Unit Size
(sqft) Tenant
1 4,000 Sainsburys
2 1,248 Greggs
3/4 3,745 cvs Veterinary Services
5 1,200 Dominos
6 1,250 available
7 1,500 The Tanning Shop
Business rates

Business Rateable Values have not been set by the local authority and will be assessed upon occupation. For further information and estimates please contact the agents.
EPC

The individual units Energy Performance Certificates will be assessed and available upon completion.
Costs

Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable. There will be an estate service charge for the upkeep of the common items, further detail upon request.
Information / viewing

For enquiries, viewing, and general information, please contact @retail

Oliver Sunderland Ian Thurlbeck
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  1. Zoopla
  2. Commercial to let
  3. County Durham