From
£45,000 pa
(£27.31/sq. ft. pa)
Retail premises to letNewbottle Street, Houghton Le Spring DH4
From 1,648 - 3,788 sq. ft
Available immediately
About this property
Rare large footprint store
Gf Sales 3788 ft2 (351.9m2) plus ancillary
Ff Stores 1648 ft2(153m2)
Former Superdrug in prominent location
Town Centre diagonally opposite Iceland
Greggs, Ladbrokes and Lidl close by
Location
The property is prominently situated on Newbottle Street within the centre of Houghton le Spring close to a number of occupiers including Greggs, Iceland, Ladbrokes and Lidl
Description
Large Format Store comprising clear open sales together with ancillary and further first floor storage.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor ft m ft2 m2
Sales Area Internal Width 45’0 13.7
Sales Depth 88’0 30.6
Sales Area 3788 351.91
Ground Floor
Ancillary 530 49.24
First Floor
Stores 1648 153.10
Tenure
A new Lease is available at a commencing annual rental of £45,000 for a term of years to be agreed (minimum 5 years) on an Fri basis subject to 5 yearly Rent Reviews.
VAT
Figures quoted exclude VAT where chargeable.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £32,750. The Uniform Business Rate for the Rates Year 2025/2026 is 49.9p If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref
C4312
EPC
Awaiting information.
The property is prominently situated on Newbottle Street within the centre of Houghton le Spring close to a number of occupiers including Greggs, Iceland, Ladbrokes and Lidl
Description
Large Format Store comprising clear open sales together with ancillary and further first floor storage.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor ft m ft2 m2
Sales Area Internal Width 45’0 13.7
Sales Depth 88’0 30.6
Sales Area 3788 351.91
Ground Floor
Ancillary 530 49.24
First Floor
Stores 1648 153.10
Tenure
A new Lease is available at a commencing annual rental of £45,000 for a term of years to be agreed (minimum 5 years) on an Fri basis subject to 5 yearly Rent Reviews.
VAT
Figures quoted exclude VAT where chargeable.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £32,750. The Uniform Business Rate for the Rates Year 2025/2026 is 49.9p If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref
C4312
EPC
Awaiting information.
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