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56 Newgate St
1,662 SF of Retail Space Available in Bishop Auckland DL14 7EQ
Sublease Highlights
- Good location
- Large frontage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 0.04 AC | Dec 2025 | $24.52 CAD/SF/YR $2.04 CAD/SF/MO $263.98 CAD/m²/YR $22.00 CAD/m²/MO $3,397 CAD/MO $40,761 CAD/YR | Fully Repairing & Insuring |
Ground
The available space comprises 3,250 sq ft (301.9 sq m) of ground-floor retail accommodation. The property is available by way of an assignment an existing 15 year Effectively Full Repairing and Insuring Lease from 23th December 2010, due to expire in December 2025. The current passing rent is £45,000pa excl. Alternatively the property is available on a sublease for a shorter term. Incentives may be available to any ingoing tenant, subject to status.
- Use Class: E
- Sublease space available from current tenant
- Located in-line with other retail
- Automatic Blinds
- Energy Performance Rating - E
- Good location
- Large frontage
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 56 Newgate St , Bishop Auckland, DUR DL14 7EQ
| Property Type | Retail | Gross Leasable Area | 5,652 SF |
| Property Subtype | Storefront | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,652 SF |
| Year Built | 1900 |
About the Property
The premises are situated just off the prime pedestrianised section of Newgate Street, the principal retail destination within the town centre. Nearby retailers include Brighthouse, Poundland, Vodafone, Nobles Amusements and Specsavers as indicated on the attached Goad Extract. The accommodation is arranged over ground, first and second floors.
- Energy Performance Rating - E
- Automatic Blinds
- Storage Space
Nearby Major Retailers
Presented by
56 Newgate St
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