The site comprises a modern purpose-built office complex arranged as a terrace of five two storey self-contained units together with car parking facilities.
Internally, the units are fitted to a high specification to include; suspended ceilings, Cat II lighting, gas central heating and Cat 5 computer cabling. The premises also benefit from kitchen and wc facilities to the ground floor.
Location
Meadowfield is a popular commercial and residential suburb of Durham City. The nearby A690 provides access to the city as well as west towards Crook and the Wear Valley and the city of Durham to the east. The A1(M) (6 miles) provides access North to Newcastle upon Tyne (24 miles) and south to Darlington (26 miles).
The A167 is accessed at Nevilles Cross (1.5 miles) to the east. The A167, old A1 road provides access north towards Framwellgate Moor and Chester-le-Street (10 miles) and south towards Chilton and Newton Aycliffe (12 miles). The mainline intercity railway services provided in Durham City allow for easy access throughout the country.
Accommodation
Unit 2
Ground Floor - 51.15 sq m (551 sq ft)
First Floor - 64.68 sq m (696 sq ft)
Total - 115.83 sq m (1,247 sq ft)
Terms
TERMS - The unit is available by way of a new EFRI lease for a term of years to be agreed at a rent of £XXX pax.
RATING ASSESSMENT - We understand that the rateable value effective from the 1 st April 2017 are as follows:
Unit 3 £XXX
Under current government legislation, Small Business Rate Relief may result in no rates being payable (subject to eligibility). It is recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.
ENERGY PERFORMANCE - The property has an energy performance rating of 35 within Band B.
LEGAL COSTS - Each party to be responsible for their own costs incurred in this transaction.
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.
ANTI-MONEY LAUNDERING REGULATIONS - In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
Specification
- Approximately 115.83 sq m (1,247 sq ft) Over Ground & First Floor
- Well Located on an Established Industrial Estate / Business Park
- Only 3 Miles South West of Durham City
- High Specification Office Accommodation
- On-Site Car Parking
- No Business Rates Payable (Subject to Eligibility)
- New EFRI Lease Available at a Rental of £XXX pax