Passfield Way Peterlee, SR8 1PX

Passfield Way, Peterlee - Picture 2024-02-16-10-51-51
Size

Size

11,693 sq ft

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.

  • Prominent Roadside Neighbourhood Parade Development 200m from the A19.

  • Site to be Anchored by a 4,000 sqft Sainsburys with units under offer to Dominos, CVS Vets, Cooplands Bakers, and The Tanning Shop.

  • Last unit remaining 1248 sqft.

  • 70 Car parking spaces including electric charging facilities.

  • Suitable for a variety of uses subject to consents.

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.

Availability

UnitStatusSize
external linkUnit 2
To Let
1,248 sq ft
external link5
To Let
1,500 sq ft

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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 26/03/2024