68 Newgate Street, Bishop Auckland DL14 7EQ
£102.57 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,438 sq ft
134 sq m
- SECTOR
High street retail property for sale
Key features
- Shop For Sale or To Let
- Busy Town Centre Location
- Close to Peacocks, Halifax, Specsavers
- and Bon Marche
Description
The premises are in a prominent position on to Newgate Street, the principal high street retailing destination for the town. Retailers in the immediate vicinity include Peacocks, Halifax, Specsavers and Bon Marche.
The Town is undergoing positive change with a reported £30m private investment in Bishop Auckland Castle, The Auckland Project and the growing internationally acclaimed Kynren production attracting over 8,000 visitors to the town every weekend during peak season.
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 £15,000 per annum exclusive.
PRICE
The Freehold of the whole property might be available at £147,500. The uppers could potentially offer residential conversion potential having independent access and a natural room layout off a main corridor.
RATING
Rateable Value 2023 - £10,000. UBR 2023/2024 – 49.9p in the £. Under current government legislation Small Busi-ness Rates Relief could result in no rates being payable on the unit subject to individual circumstances.
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
Accommodation:
Ground floor sales: 1,291.00 sqft
Ground floor staff / stores: 147.00 sqft
Total: 1,438.00 sqft
Brochures
68 Newgate Street, Bishop Auckland DL14 7EQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bishop Auckland Station0.4 miles
- Shildon Station2.9 miles
- Newton Aycliffe Station4.8 miles
About Connect Property North East Ltd, Stockton-On-Tees
4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB
Connect Property North East is a niche practice of Chartered Surveyors. We provide agency and property advice throughout the North East & Yorkshire.
We are passionate about property and getting the best results for our clients, both new and existing. We are experts in the Retail, Office, Industrial, Investment and Development sectors. Our direct and personal approach to all the work we undertake has built trust and long term relationships with our clients.
Thanks to our industry c
Notes
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