NEW RETAIL PARADE Redevelopment of Lumley Social Club, Units 1-5 Front Street, Great Lumley DH3 4JB Units from 104 m2 (1,119 sq ft) to 263m2 (2,830 sq ft)
01642 602001
Local Village Centre retail opportunity
SPECIFICATION
On site car parking
The units will be handed over in a developers shell specification with capped services and drainage point.
Potential for A1, A2, A3 & A5 uses
3 Units remaining providing 104m2 (1,119 sq ft) to 263m2 (2,830 sq ft)
RATES The units will be re assessed by the Valuation Office but the tenant will be responsible for Rates PLANNING
LOCATION The premises is situated in the heart of Great Lumley to the South East of Chester lee Street, County Durham and approximately 2 miles from Durham County Cricket Ground. DESCRIPTION The existing buildings are being refurbished to provide a new retail parade which will be anchored by a Convenience store and restaurant. Parking will be formed to the front and to the rear of the premises. Following the completion of the redevelopment the unit will provide 5 retail units fronting onto Front Street.
The units will have the benefit of A1, A2 and A5 uses. LEASE DETAIL The finished units will be available by way of new Effective Full Repairing and Insuring Leases for a minimum term of 5 years at a commencing rental of £13,500 per annum for units 2 & 3 and £30,000 pax on unit 5. Further details upon request. ENERGY PERFORMANCE CERTIFICATE The Energy Performance Asset Rating is to be assed follow completion of the development. VIEWING
ACCOMMODATION
Through the agents Connect Property North East: Briefly, the units will provide the following approximate gross internal areas:
Unit 1 Unit 2 Unit 3 Unit 4 Unit 5
Under Offer Under Offer To Let To Let To Let
Convenience Store Take-away 104m2 (1,119 sq ft) 104m2 (1,119 sq ft) 263m2 (2,830 sq ft)
Andrew Wilkinson ddl: 01642 704932 Email:
[email protected] Tim Carter ddl: 01642 704930 Email:
[email protected] Or Joint Agents Sanderson Weatherall: Mark Convery ddl: 0191 269 0103 Email:
[email protected] Charlotte Marshall ddl: 0191 269 0132 Email:
[email protected] IMPORTANT NOTICE: whilst every reasonable effort has been made by Connect Property North East to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (‘information’) may be relied upon as a statement of representation or fact. Connect Property North East nor its employees have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of Connect Property North East or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any information given. (v) VAT is applicable unless expressly stated otherwise. Connect Property North East Ltd Registered Company Number 9404628
www.cpne.co.uk