_Ground floor retail unit with first floor storage/offices_
_Ground floor extends to 314 sq m/ 3, 380 sq ft_
_First floor extends to 159 sq m/ 1, 712 sq ft_
_Prominent location adjacent to retail park and new Aldi development_
_Surrounding occupiers include William Hill, Boots, Lloyds Bank the local
Library_
_Description_
Ground floor retail unit with first floor offices/storage situated in a
prominent position within Spennymoor Town Centre. The property was previously
used as a hardware store but would suit a variety of uses within use class E
to include office and retail amongst others.
_Location_
The property occupies a position on Cheapside which is immediately to the
north of a modern retail development with occupiers including Iceland, Home
Bargains and Morrisons Local. Spennymoor has recently benefitted from a town
centre regeneration scheme which has included partial demolition of Festival
Walk, refurbishment & reletting of retained units within Festival Walk and the
development of a new Aldi Supermarket. Occupiers on Cheapside include Evans &
Co Solicitors, Boots Pharmacy, William Hill, Spennymoor Library and Lloyds
Bank amongst others.
_Accommodation_
The ground floor retail unit comprises of the sales area extending to 265 sq
m/ 2, 852sq ft, ground floor store/kitchen extending to 49sq m/524sq ft and
first floor storage of 159sq m/1, 712sq ft. The ground floor sales area
provides retail space that can be reconfigured to provide treatment rooms,
offices or meeting rooms. The accommodation is well appointed with suspended
ceilings with inset lighting, a double fronted display window and rear access
for loading and unloading.
_Services_
The property has the benefit of mains supplies of water and electricity in
addition to mains drainage.
_Energy Performance Certificate_
The Energy Performance Certificate has been commissioned and the Full
Certificate and Rating are available upon request.
_Terms_
The premises are available by way of a new effective full repairing and
insuring lease, exclusive of rates, service charge and all other outgoings for
a term to be agreed a t a rent of £18, 000 per annum. The landlord reserves
their right to request a rental deposit.
_Rating Assessment_
£14, 250 Obtained from the Valuation Office Agency ()
The ubr for the period 2023/2024 is 51. 2p in the pound. Rates payable are
therefore £7, 296 less any Small Business Relief or any other discounts, which
might be applicable. Please contact your local authority for more information.
_Contact Information_
For further information and viewings please contact Greig Cavey Commercial
Limited on or e - mail

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