Retail premises to let in 5-7, Horsemarket, Barnard Castle DL12, £22,000 pa

22,000.00 per month

Offer Nr.:
60723407
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Connect Property North East
Phone(s):
01642 048886

* Popular Market Town
* Prime Location Close To Greggs and Coop
* Potential for Restaurant or Cafe use
* Former Banking Hall Use
* High Ceilings
* Useable Basement
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

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