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£55,000 pa

(£11.06/sq. ft. pa)

Retail premises to let

Durham House, Dragonville Retail Park, Dragon Lane, Durham DH1
4,975 sq. ft

£55,000 pa

(£11.06/sq. ft. pa)

Retail premises to let
Durham House, Dragonville Retail Park, Dragon Lane, Durham DH1

    • 4,975 sq. ft

  • EPC Rating: D

About this property

  • Excellent Connectivity to Durham City Centre & A1(M)

  • Directly Opposite Wickes, McDonald’s & Starbucks

  • Detached, Self-Contained Unit with Dedicated Yard for Loading & Parking

  • 2no. Electrically Operated Steel Roller Shutter Doors

  • Height to Eaves 4.25m Rising to 4.85m

  • Estimated Rates Payable: £10479

Description

A purpose built, detached steel portal frame unit with part brick and profile metal clad elevations beneath a pitched insulated roof. The property includes a secure yard/parking area to the side and two roller shutter doors, the main of which measures approx. 4m x 4.2m, providing excellent loading access.

Internally, the unit is arranged in three main sections, providing a combination of open-plan retail and ancillary storage. It benefits from an eaves height of c. 4.25m, rising to 4.85m, with a solid concrete floor, suspended fluorescent lighting, and generous display and loading areas. The accommodation also includes a dedicated office, WC, and kitchen facilities, providing a well-rounded operational environment.

Location

The property occupies a prime roadside position on Dragon Lane, at the entrance to Dragonville Retail Park – one of Durham’s most established out-of-town retail and trade destinations. Just 1.7 miles east of Durham City Centre and less than 2 miles from Junction 62 of the A1(M), the location offers excellent regional connectivity and high levels of visibility, sitting directly opposite the newly opened Wickes, McDonald’s, and Starbucks.

Dragonville serves a wide catchment area, drawing customers from Durham and surrounding communities via the A690 and A1(M). Nearby occupiers include a strong mix of national retailers, trade suppliers, and motor dealerships, such as:

Retail: Tesco, Aldi, Lidl, The Range, Home Bargains, Wickes, B&Q & Currys
Trade: Travis Perkins, Howdens, mkm & Screwfix
F&B: McDonald’s, Starbucks, kfc, Greggs & Pizza Hut
Car Dealerships: Toyota, Peugeot, bmw/Mini, & Hyundai

Terms

The property is available by way of a new Fri lease for a term of years to be agreed, at an annual rent of £55,000 exclusive.

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.

Business Rates

Rateable Value (Effective 1st April 2023): £21,000
Estimated Rates Payable: £10,479

Interested parties should confirm the accuracy of this information and the actual rates payable with the Local Authority.

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Graham S Hall Chartered Surveyors

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