Restaurant and cafe use. New local centre within residential development of
800 dwellings known as Regents Park and Berry Edge. On Coast to Coast cycle
route. Last two units remaining.
_Location_
Consett is a popular market town located approximately 12 miles south - west of
Newcastle upon Tyne and 11 miles north - west of Durham.
The town has seen a significant amount of residential and commercial
development over recent years. Outline planning consent has been granted for
the construction of a new hospital and other commercial and residential
developments.
The property is located within modern residential developments known as
Regents Park and Berry Edge, which, when complete will provide over 800
houses.
_Description_
The property has recently been constructed and comprises a total of four
single storey retail units, with associated car parking and landscaping. The
development is situated adjacent to the Coast - to - Coast Cycle way, and will
therefore attract custom from visitors, as well as local residents in Regents
Park and Berry Edge and the surrounding area.
The units are single storey, of brick construction under a pitched, tiled roof
with powder coated aluminium framed double glazed windows and doors.
Internally, the units are finished to a shell condition to allow tenants’ fit
out and comprise an open plan retail area with an accessible w. c. And kitchen
area.
There is a shared car park within the development.
_Accommodation_
The development provides four retail units as follows:
Unit 1 92. 98 sq m (1, 001 sq ft) available
Unit 2 100 sq m (1, 076 sq ft) let
Unit 3 100 sq m (1, 076 sq ft) let
Unit 4 92. 98 sq m (1, 001 sq ft) available
_services_
We understand that mains, electricity, water and drainage are connected to the
properties. Gas connection is available on site.
_Outgoings_
Rating assessments for the units are currently awaited. However, it is
anticipated that occupiers may benefit from small business rates relief and
therefore it is unlikely that business rates will be payable.
_VAT_
All figures quoted above are exclusive of VAT where chargeable.
_Other_
**Rent
**
Each of the units is available to let on a full repairing and insuring basis
at a rent of £10, 750 per annum.
The tenants will also be responsible for payment of an estate service charge
to reimburse the landlord the cost of maintaining the landscaped areas and
common parts of the development. The initial charge is estimated to be around
£1. 25 per sq ft. Further details are available on request.
The properties are elected for VAT and therefore VAT is payable on the rent
and all other charges.
**Local authority
**
Durham County Council, County Hall, Durham.
Tel: Energy performance certificate
The properties will be assessed for their EPC Rating on completion of the
development.
**Code of practice for commercial leases
**
The Code of Practice for Commercial Leases in England and Wales recommends
parties intending to enter into leases should seek advice from professionals
or lawyers at an early stage. The Code is available through professional
institutions and trade associations or through the website
Completion of construction is expected August 2022.
Please note that the images shown in this brochure are artists impressions of
the proposed development.
_Viewing_
Strictly by appointment with sole agents, YoungsRPS.

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