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New Retail Units Suitable For Various Uses, Church Street Retail Park, Murton, SR7 9NX

1,000 to 5,000 Sq Ft / Retail / General Retail

To Let - £17.50 per sq ft

Available - Last updated: 07 January 2022

Up to 10,500 sq ft of new Retail is to be constructed including a 4,500 sq ft convenience store which is pre-let to Co-op Group Food Limited.

There is to be two new retail blocks one of 5,500 sq ft and another of 5,000 sq ft with a central access road and 35 car spaces including two new Electric Vehicle charging points (pre-let to Instavolt) set in a landscaped environment.

Location

Murton is located in East Durham just off the A19 north-south trunk road and lies a few miles from Seaham, Peterlee and Easington.

The Dalton Park Outlet Mall with a variety of trade outlets and Cineworld multiscreen Cinema and pub diner restaurants lie between Murton Village and the A19 to the east.

A considerable amount of new housing has been constructed in Murton over the last decade with planning recently granted for another 1,500 homes. To the South lies the fromer Coke Works, now Jade Business Park, c. 55 acres of speculative mixed use, industrial and office development of up to £1m sq ft.

The new development lies in the heart of the Village on Church Street, the main road, linking Hetton Le Hole and Easington Lane to the west with the A19 and the port of Seaham to the East.

The site has a prominent main road position at the bottom of Woods Terrace, the existing neighbourhood retail area, which is semi pedestrianised and has restricted access.

The Dalton Park Outlet Mall lies within 1 km to the east where there are a number of factory and trade outlets as well as a Cineworld multi-screen Cinema, Restaurants and pub diner together with a new Morrisons Superstore.

The new 1 Million sq ft, Jade Business Park lies directly to the south where 2,500 new jobs are projected to be created by the Durham County Council - Highbridge Properties joint venture.

Sumitomo Electric Wiring Systems and Corehaus, makers of unique modular homes have already taken occupation on the first phase of this new enterprise zone extending to 155,000 sq ft with more to follow in the coming months.

The nearest retail facilities to Jade Business Park are the new shops on Church Street accessed via Hawthorn Close and other footpath links.

Accommodation

Units from 1,000 to 5,000 sq ft are available To Let finished to a shell specification with all mains services.

Terms

LEASE TERMS - Units are available To Let on new Tenant FRI leases for a term of 15 years subject to 5 yearly upward only rent reviews.

DATE OF OCCUPATION - Units are to be ready for tenants fitting out late February 2021

ASKING RENT - £17.50 per sq ft

LEGAL COSTS - Each party to be responsible for their own costs incurred in this transaction.

EPC - To be assessed post completion.

VAT - All rents and sums quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall Chartered Surveyors upon this basis and where silent, offers will be deemed net of VAT. 

Specification

  • A development of up to 6 individual retail units To Let ranging in size from 1,000 - 5,000 sq ft comprising convenience store (pre-let to Co-op Group Food Limited).
  • Unit 2 available from March 2021.
  • Unit 3 comprising units of 1000 to 5000 sf to follow
  • Would suit a variety of uses including: hot food, discount retail, leisure, medical or community.
  • Located on a busy main road through the Village of Murton leading to Dalton Park Outlet Shopping & Leisure Centre, the A19 and Seaham to the East.
  • To be newly constructed to highest standards with excellent main road prominence and 35 easy access car spaces including 2 new electric vehicle charge points (pre-let to Instavolt).
  • Full planning permission granted May 2019 - DM/19/00579/FPA
  • Good pedestrian links to Jade Business park to the south within 1000 metres.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £17.50 per sq ft

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Contact agents

Daryl Carr

Graham S Hall Chartered Surveyors

0191 394 0036



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