Retail Units & Shops

County Durham

Peterlee

property

To Let

This property is part of an unsponsored retail warehousing scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

6 Peterlee, SR8 1PX

Use Class

Size

1,250 sq ft

Rent pa

£28,125

Market Sector

Retail & Shopping Park

Key Features

Prominent Roadside Neighbourhood Parade Development 200m from the A19
The scheme is Anchored by a 4,000 sqft Sainsburys alongside Dominos, CVS Vets, Greggs who are all open and trading wel
Last unit remaining of 1,250 sqft
70 Car parking spaces including electric charging facilities
Suitable for a variety of uses subject to consents

Description

The scheme is set to provide 7 retail units of varying sizes alongside 70 car parking spaces, with site completion expected in July 2024. Each unit is available on a new effectively full repairing and insuring lease for a term to be agreed at an initial rent of £20 psf, exclusive of business rates, service charge, insurance and all other outgoings.

Location

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.

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Disclaimer

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.