£28,125 pa
(£22.50/sq. ft. pa)
Retail premises to letPassfield Way, Peterlee SR8
1,250 sq. ft
About this property
Location /situation
Located 1 mile west of Peterlee town centre in a largely residential catchment, with Shotton Hall Academy and Primary School immediately adjacent, this prominent site sits 200m east of the A19 with a nearby average daily traffic flow of ~65,000 vehicles (2019). This provides strong direct links with Sunderland, Middlesbrough and Newcastle, all within a 35 minute catchment of the site.
The scheme
The scheme provides 7 retail units of varying sizes alongside 70 car parking spaces. The last unit is available on a new effectively full repairing and insuring lease for a term to be agreed at an initial rent of £22.50 psf, exclusive of business rates, service charge, insurance and all other outgoings.
Availability
Arranged over ground floor only, the following highlights current interest and available opportunities within the 7 units.
Unit Size (sqft) Tenant Status
1 4,000 Sainsburys Complete
2 1,248 Available Available
3/4 1,248 cvs Veterinary Services Complete
5 1,500 Dominos Complete
6 1,250 Greggs Complete
7 1,200 The Tanning Shop Complete
Business rates
Business Rateable Values have not been set by the local authority and will be assessed post development. For further information and estimates please contact the agents.
EPC
The individual units Energy Performance Certificates will be assessed and available upon completion.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable. There will be an estate service charge for the upkeep of the common items, further detail upon request.
Information / viewing
For enquiries, viewing, and general information, please contact @retail;
Ian Thurlbeck
E:
M:
Located 1 mile west of Peterlee town centre in a largely residential catchment, with Shotton Hall Academy and Primary School immediately adjacent, this prominent site sits 200m east of the A19 with a nearby average daily traffic flow of ~65,000 vehicles (2019). This provides strong direct links with Sunderland, Middlesbrough and Newcastle, all within a 35 minute catchment of the site.
The scheme
The scheme provides 7 retail units of varying sizes alongside 70 car parking spaces. The last unit is available on a new effectively full repairing and insuring lease for a term to be agreed at an initial rent of £22.50 psf, exclusive of business rates, service charge, insurance and all other outgoings.
Availability
Arranged over ground floor only, the following highlights current interest and available opportunities within the 7 units.
Unit Size (sqft) Tenant Status
1 4,000 Sainsburys Complete
2 1,248 Available Available
3/4 1,248 cvs Veterinary Services Complete
5 1,500 Dominos Complete
6 1,250 Greggs Complete
7 1,200 The Tanning Shop Complete
Business rates
Business Rateable Values have not been set by the local authority and will be assessed post development. For further information and estimates please contact the agents.
EPC
The individual units Energy Performance Certificates will be assessed and available upon completion.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable. There will be an estate service charge for the upkeep of the common items, further detail upon request.
Information / viewing
For enquiries, viewing, and general information, please contact @retail;
Ian Thurlbeck
E:
M:
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