£28,125 pa
(£22.50/sq. ft. pa)
Retail premises to letPassfield Way, Peterlee SR8
1,250 sq. ft
Available immediately
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 two units are 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.
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 two units are 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.
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