Office to let in Office To Let No Retail Frontage, 85 New Elvet, Durham DH1, £12,000 pa

12,000.00 per month

Offer Nr.:
65604416
Type of ad:
to Rent
Property type:
Office to let
Contact name:
P & F Commercial
Phone(s):
01664 518993

* Leasehold
**Key Points**
* £12, 000 to £18, 000 Per annum + VAT depending on refurbishment expectations
* New 5 year Fri lease available
* Rest room facilities
* In need of refurbishment
* Office/ Retail use with no shop front
**Description**
Just off Durham Highstreet 85 New Elvet is a 3 story attached property with an
attractive period timber and rendered frontage. The ground floor is long with
an opened planned retail frontage which is occupied by Loc8 me, there are
office spaces and additional areas for retail to the rear on a sub lease
bases. The first floor and second floor has been converted to residential
accommodation with a separate entrance and is not included with this property.
**Viewings**
Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via
email
**Location**
Durham City Centre is an easily accessible and very popular destination that
is well connected to all the surrounding nearby towns. With the A1, a major
north south trunk road and good link roads, Newcastle, Darlington and
Sunderland all lie within a 30 minute drive time. There is also excellent
rail, coach and bus services into Durham from the surrounding major
conurbations and the City enjoys a healthy number of visitors and tourists
from all over the country.
**Terms**
Offered for let on a new 5 year fully repairing and insuring lease - the rent
will be £12k to £18k per annum + VAT. A deposit equal to 3 - month rent will be
required and there will be a contribution to the Buildings Insurance arranged
by the Landlord. Rent is paid quarterly in advance.
**Refurbishment And Investment**
The space is in need of renovations, the rent will depend on the investment
required by the landlord. If the landlord is to carry out the renovation
works, the rent will be £18k per annum, if the new tenant carries out the
works, the rent can be lower at a minimum of £12k.

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