£40,000 pa
(£8.72/sq. ft. pa)
Retail premises to letCastle Dene Shopping Centre, Peterlee SR8
6,380 sq. ft
About this property
Forms the core retail offer within Peterlee, serving a strong and loyal local ca
Major food store anchor driving consistent and high levels of footfall
Excellent public transport connectivity supporting regular visitor flow
Ongoing residential development across surrounding areas increasing demand and f
Potential to introduce new uses and operators to further strengthen the scheme
Castle Dene Shopping Centre sits at the heart of the “new town” of Peterlee and forms a significant proportion of the town centre and its overall retail provision, acting as the primary shopping destination for the local population.
The scheme is anchored by an 80,000 sq ft Asda superstore, which drives strong and consistent footfall to the centre, alongside a complementary mix of national multiples, independent retailers and service operators. Its position adjacent to the town’s central bus station ensures excellent accessibility and connectivity, attracting both local residents and visitors from the wider catchment.
Castle Dene benefits from a well-established and convenience-led retail offer, supporting regular shopping habits and repeat visits. The centre plays a key role in the day-to-day needs of the community, reinforced by its central location and ease of access.
Peterlee continues to see ongoing expansion, with significant residential development underway across the surrounding former coalfield land. This growth is increasing the town’s population and strengthening the long-term retail demand for the scheme.
The scheme is anchored by an 80,000 sq ft Asda superstore, which drives strong and consistent footfall to the centre, alongside a complementary mix of national multiples, independent retailers and service operators. Its position adjacent to the town’s central bus station ensures excellent accessibility and connectivity, attracting both local residents and visitors from the wider catchment.
Castle Dene benefits from a well-established and convenience-led retail offer, supporting regular shopping habits and repeat visits. The centre plays a key role in the day-to-day needs of the community, reinforced by its central location and ease of access.
Peterlee continues to see ongoing expansion, with significant residential development underway across the surrounding former coalfield land. This growth is increasing the town’s population and strengthening the long-term retail demand for the scheme.
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