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3 Hermiston Retail Park, Consett, DH8 5RE

Let
3, Hermiston Retail Park, Consett - Picture 2020-09-15-11-08-54
Use Class

Use Class

E(a)

Size

Size

7,500 sq ft

Rent pa

Rent pa

£120,000

Key Features

  • Retail / Leisure Unit to let

  • Subject to Vacant Possession

Description

The unit occupies a strong position on Hermiston Retail Park, facing out onto the 655 car parking spaces available for use.

Key Information

Viewing

Strictly by appointment.

Accommodation

7,500 Sq.Ft

The property is arranged over ground floor providing an approximate are of 7,500 sq ft.

Financial

Lease Type

New Lease

Lease Term

The property is to be made available by way of a full repairing and insuring lease on terms to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £120000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The service charge on account for 2019/20 is £4,646.

Rates

Rateable Year:
2020
Rateable Value:
£99,000.00
Rates payable:
£49,896.00
UBR:
50.4p/£

Sustainability

EPC available upon request.

This unit is part of Hermiston Retail Park

Hermiston Retail Park

Hermiston Retail Park is a purpose-built scheme comprising approximately 156,595 sq ft. The park is anchored by a 73,915 sq ft Morrisons foodstore with other retailers including B&Q, Pure Gym, Poundland, Matalan and Sports Direct. The units have an eaves height of approximatively 6 metres sufficient to allow the installation of mezzanines. The property has approximately 655 forecourt customer spaces providing a very good parking ratio of 1:227 sq ft (on the ground floor area).

Morgan Williams

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 18/04/2024