£4,167 pcm

North Terrace, Seaham

Exciting Leisure Opportunity

Description

The subject site is located on North Terrace, Seaham in County Durham. North Terrace forms part of the major route through Seaham town centre and overlooks Seaham seafront and
the Marina. The area is made up of a number of mixed-use buildings, which has proven very popular with locals and tourists, providing a high level of services and facilities within
the local area. The property is located approximately 6 miles south of Sunderland city centre and benefits from convenient access to the region via the A19.

The site boasts planning permission for an impressive leisure venue on Seaham seafront.

The proposed scheme occupies 13,884 sq ft of accommodation spread over three floors,
utilising the potential for delivering a leisure opportunity in the heart of Seaham. The scheme
benefits from an A3 and A4 restaurant and drinking establishment use subject to details of ventilation, extraction and plant. All of which needs to be submitted and approved in writing by the Local Planning Authority. The scheme has the prospect of offering a continual service
exploiting both day and night consumer markets.

• Prime Leisure Scheme
• Seaham Seafront
• Leasehold available
•13,844 sq ft over three floors
• Rare opportunity

ACCOMMODATION

Basement 430 sq m (4,628 sq ft)
Ground Floor 430 sq m (4,628 sq ft)
First Floor 430 sq m (4,628 sq ft)
Total 1,290 (13,884 sq ft)

VAT
All prices, premiums and rents, etc are quoted exclusive of VAT at the prevailing rate.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in any transaction.

BUSINESS RATES

The VOA will need to assess business
rates upon practical completion.

TERMS

Rent on application for a term to be agreed
subject to contract. Full Repairing and Insuring lease.

EPC

To be assessed once practical completion
of the development has taken place.