68 Newgate Street Newgate Street, Bishop Auckland, DL14 7EQ

Under Offer
68 Newgate Street, Bishop Auckland - Picture 2023-08-04-12-49-22
Use Class

Use Class

E

Size

Size

1,438 sq ft

Rent pa

Rent pa

£15,000

Description

68 Newgate Street - Reduced Terms

The premises are surrounded by national multiples including Peacocks, Halifax Bank, Salvation Army, Santander, Specsavers, Vodafone and Bon Marche.

Culturally, The Auckland Project regeneration initiative has encouraged the development of The Mining Gallery, the Viewing Tower, Auckland Castle and the Spanish Art Gallery. See www.aucklandproject.org

Key Information

Viewing

Strictly by appointment.

Accommodation

1,438 Sq.Ft

The premises provide the following approximate dimensions and net floor areas:-

Dimensions
Feet
Metres
Gross Frontage
23
7.01
Internal Width
22
6.71
Shop Depth
64.6
19.66
Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,288
119
Ground Staff/Store
147
13.7

Financial

Lease Term

New FRI lease available for a term to be agreed subject to 5 yearly upward only rent reviews.

Rent

Offers in the region of £15,000 p.a. are invited.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction. The freeholders may consider offers in the region of £147,500 for the entire building, which could offer residential conversion potential.

Rates

Rateable Year:
2024
Rateable Value:
£10,000.00
Rates payable:
£4,990.00
UBR:
49.9p/£

Sustainability

An Energy Performance Certificate has been commissioned and will be made available on request.

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.

All data ©2024 Completely Property Technology Limited

This was last updated on 02/10/2024