Retail premises to let in 5-7, Horsemarket, Barnard Castle DL12

Barnard Castle is a popular market town situated in Co. Durham, approximately 21 miles South West of Durham, 23 miles West of Darlington and 31 miles North West of Northallerton

The town has a population of approximately 22,000 persons within a 10-mile catchment. Gsk are a major employer in the town.

Barnard Castle’s shopping facilities are focused on Horsemarket and Market Place with occupiers including Boyes Department Store, Co-op, Costa Coffee, Fat Face, Specsavers, New-castle Building Society, Barclays Bank and Greggs.

The premises comprise of a Grade II Listed property providing ground floor retail sales with rear staff and basement. The property has the potential to open up the former dual height banking hall exposing original features and increasing natural light through the substantial picture windows.

The property could be used for a variety of uses subject to planning.

Lease terms

The property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at an initial commencing rent of £22,000 per annum exclusive.

Rating assessment

With effect from 1 April 2023 the property is assessed for rating purposes as follows: - Rateable Value - £18,250
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.

Accommodation:
Ground floor sales: 852.00 sqft
Staff: 160.00 sqft
Basement stores: 332.00 sqft
Total: 1,344.00 sqft