Former Cooperage Site, Durham Road

The subject property comprises first floor office space accessible through the rear of the premises via lift or staircase. The common areas further include male female and disabled W/C facilities and an abundance of car park.

Internally suites benefit from good natural light through double glazed windows, suspended ceilings, kitchen areas and air conditioning. Externally the property is a newly constructed brick built building beneath pitched slate roof with chimney feature.

LOCATION
Bowburn is a village in County Durham, England. It is situated about 3 miles to the South-East of Durham, on the A177, between Coxhoe to the South-East, and High Shincliffe to the North-West.

The subject property is located just off the A1(M) Motorway providing excellent transport links to Newcastle Upon Tyne to the North and Darlington to the South. The premises are in close proximity to Bowburn Industrial Estate with a variety of local and national occupiers.

ACCOMMODATION
We calculate the approximate internal floor areas to be as follows:

Suite 1B 148 m² 1,593ft²

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £14,500 and the estimated rates payable for the current year is £7,235.50. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

EPC RATING
C54.

TERMS
Our client is seeking rental offers of £10,000 (Ten Thousand Pounds) per annum for a term of years to be agreed. The suites will be available by way of an EFRI lease.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.