Leisure/hospitality to let in Newbottle Street, Newbottle, Houghton Le Spring DH4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Prominent Town Centre corner position
- Former Banking premises with good ancillary office accommodation
- Good mix of National and local Independent Operators and nearby occupies include Greggs, McColls, Superdrug, Cooplands, Heron Foods and Lidl
Property description
Location/situation
The property is situated in a central location on prime Newbottle Street at a prominent corner location. The Town Centre hosts a good mix of both local and National retailers including Greggs, Superdrug, Heron Foods, Cooplands, Park Lane Cards, Costa and Lidl as shown on the attached location plan.
Accommodation
Arranged over ground, basement and first floors, with the following approximate dimensions and floor areas and dimensions:
Internal Width
6.95m
22’ 9”
Ground Floor Area
131.5 sqm
1415 sqft
Basement
61.7 sqm
664 sqft
First Floor
81.8 sqm
881 sqft
lease terms
A new Full Repairing & Insuring lease for a term to be agreed is available at a rent of £22,500 per annum exclusive.
EPC
The property has an Energy Performance rating of C.
Business rates
Rateable Value
£20,750
2022/2023 ubr
£0.499
Estimated Rates Payable
£10,354
Interested parties are advised to make their own Business Rates enquiries with the relevant Local
Authority.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Viewing
For enquiries, viewing, and general information, please contact @retail
Ian Angus
E:
M:
Property info
For more information about this property, please contact
@retail, NE28 on +44 330 038 7422 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by @retail, and do not constitute property particulars. Please contact @retail for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.