16 Newgate Street, Bishop Auckland, DL14 7EG
The property comprises a three storey building having an attractive ornate frontage with walls partly in brick and partly in stone under a blue slated pitched roof. There is a double fronted shop window.
The property occupies a prominent position in the pedestrianised area of Bishop Auckland. Nearby traders include Yorkshire Bank, Greggs, WH Smiths, Home Bargains, Poundworld, Card Factory, Phones 4 u.
Gross Frontage 17’ 3”
Internal Width (front) 16′ 10″ narrowing to 16′ 1″
Shop Depth 52′ 3″
Ground Floor Sales 812 sq.ft.
First Floor Storage 720 sq.ft.
Second Floor Storage 728 sq.ft.
There are WC facilities laid out at first floor level.
- Town: Bishop Auckland
On enquiry of the Valuation Office website we understand the property is assessed for rating purposes at Rateable Value £24,750. Transitional relief may affect the rates payable quoted.
The property is available by way of a new Lease for a 5 year term or multiples of 5 years on full repairing and insuring basis subject to a 5 year upward only rent review at a rent of £23,500 per annum.
The ingoing tenant will be responsible for the Landlord’s legal costs in preparation of the lease.