Retail premises to let in Ground Floor, 168 - 170, Newgate Street, Bishop Auckland DL14, £8,000 pa

8,000.00 per month

Offer Nr.:
61568762
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Connect Property North East
Phone(s):
01642 048886

* Ground Floor Shop
* Busy Market Town
* Popular Location
* Close to free car park
Bishop Auckland is a busy market town in a popular commercial location with a
large catchment area lying approximately 12 miles south of Durham City and 13
miles north of Darlington. The property is edge of town centre but in the most
popular non pedestrianised location of town. The established local independent
retailers here benefit lower rents and rates than closer into town.
The property comprises a ground floor shop with rear servicing off Morrisons
Car. A popular location due to low rental and rates costs the area is ideal
for a variety of uses subject to planning.
The shop is being stripped of its former bookmaker fit out as shown on the
attached photos and will be completed to a white box specification by the
landlord including rudimentary lighting and sockets.
**Terms**
The property is available by way of a new tenants full repairing and insuring
lease for a minimum term of 3 years at a commencing rental of £8, 000 per annum
exclusive.
VAT at is charged on top of the rent so equates to £800 per months including
VAT.
**Rates**
The Valuation Office Agency website lists the ground floor shop with Rateable
Value with effect from April 2023 as £9, 300 rv.
We anticipate that occupiers will benefit from 100% Small Business Rates
Relief. Interested parties should verify the accuracy of this information and
rates payable with the local Rating Authority.
Accommodation:
Ground floor sales : 1, 012. 00 sqft

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)