Shannon House, Mandale Business Park, Durham, DH1

LOCATION
Belmont Business Park is extremely well located on the outskirts of Durham City on Broomside Lane which is close to Junction 62 of the A1(M) via the A690. Newcastle upon Tyne is 15 miles to the north and Sunderland 9 miles to the north east. There is a 'Park & Ride' car park nearby on the A690.

Belmont is also very well situated for the region's main airports in Newcastle and Durham Tees Valley as well as the east coast's rail line station at Durham offering regular rail services to London Kings Cross.

Belmont is a well-established business park with a line-up of occupiers including; Cooper BMW/ Mini, Pulman Skoda, Premier Inn, Age UK, Howdens, Rexel, Home Group, BHP Law and Durham & Darlington Fire Service (HQ).

DESCRIPTION
The property provides modern office accommodation with a specification following refurbishment as follows:

- Perimeter trunking
- LED lighting
- Suspended ceiling
- Double glazed windows
- Male, female and DDA WCs
- Reception/entrance lobby
- Passenger lift
- Kitchenette
- Fully carpeted
- DDA compliant
- Ample on-site parking

ACCOMMODATION
Ground Floor - 167.23 sq m (1,800 sq ft)
Second Floor - 167.23 sq m (1,800 sq ft)
Total - 334.45 sq m (3,600 sq ft)

TERMS
The space is available by way of new EFRI leases for a term of years to be agreed between the parties, at a rent of £13.00 per sq ft.

A service charge is applicable for the upkeep of the building and the internal and external common areas. Further information available upon request.

BUSINESS RATES
Ground Floor - £20,750
Estimated Rates Payable: £10,354.25 (24/25)

Second Floor - £20,500
Estimated Rates Payable: £10,229.50 (24/25)

Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV. Interested parties must confirm the actual rates payable with the Local Authority.

ENERGY PERFORMANCE
The property has an energy performance rating of 95 within Band D.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party to be responsible for their own costs incurred in this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

VIEWING
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors or our Joint Agent Knight Frank.