@retail
Visit websiteIan Thurlbeck
Office: 0191 2804236Mobile: 07515 83141730 Yoden Way
Peterlee, SR8 1AL
Use Class E(a)
3,787 sq ft
£45,000
Use Class
E(a)
Size
3,787 sq ft
Rent pa
£45,000
Marketed by @retail,
Peterlee is recognised as the retail and services core of the District of Easington. The town benefits from excellent road communications and public transport links with the A19 trunk road situated approximately half a mile to the east which provides direct access to Teesside, Sunderland, Durham and Newcastle. The town centre is dominated by the Castle Dene Shopping Centre which incorporates 1,100 free car parking spaces and benefits from an approximate average footfall of 175,000 persons per week.
The shopping centre provides approximately 28,335 sq m (305,000 sq ft) of retail accommodation. Established occupants include Asda, Wilkinson, Argos, Iceland, Boots, New Look, Sports Direct and B&M Bargains.
A1 - Other Uses Considered Subject to Planning
Leasehold
Strictly by appointment.
Accommodation details below:
sq ft | sq m | |
Ground Floor Sales | 2,523 | 234.38 |
First Floor Ancillary | 1,264 | 117.42 |
New Lease
A new full repairing and insuring lease is available for a term of years to be agreed, subject to five yearly upward only rent reviews.
Upon application
Interested parties are advised to make their own enquiries of the Local Rating Authority. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above.
Rateable Year: | 2015 |
Rateable Value: | £51,000.00 |
Rates Payable: | £25,143.00 |
UBR: | 49.3p/£ |
Each party to be responsible for their own legal costs incurred in the transaction.
The service charge is approximately £10,144 per annum, plus insurance of £471.
09/11/2017
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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