Passfield Way, Peterlee

An excellent opportunity to acquire the last remaining ground floor retail unit within a prominent roadside development on Passfield Way, Peterlee.

Extending to approximately 1,500 sq ft, the unit occupies a highly visible position within a well-established retail scheme anchored by national operators including Sainsbury’s, Greggs and Domino’s, generating strong footfall and consistent customer activity.

The development benefits from excellent roadside prominence and accessibility, serving the surrounding residential catchment and wider Peterlee area.

The premises provide flexible open-plan accommodation suitable for a variety of retail, leisure, food and beverage, or service-based uses, subject to the necessary consents.

Occupiers will benefit from approximately 70 shared customer car parking spaces, including electric vehicle (EV) charging facilities, enhancing convenience for both customers and staff.

This represents a rare opportunity to secure space within a successful and fully occupied scheme in an established retail location.

Located approximately one mile west of Peterlee town centre within a predominantly residential catchment area, this prominent site is positioned immediately adjacent to Shotton Hall Academy and Primary School.

The site lies just 200 metres east of the A19, which recorded an average daily traffic flow of around 65,000 vehicles in 2019. This strategic location offers excellent connectivity, providing direct access to Sunderland, Middlesbrough, and Newcastle, all within a 35-minute drive time.

EPC rating – The individual units Energy Performance Certificates will be assessed and available upon completion.

Available by way of a lease assignment at an asking rent of £30,000 (Thirty Thousand Pounds) per annum.

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.

Interested parties should confirm the current rates position with the Local Authority.

For all enquiries and viewing arrangements please contact Bradley Hall Sunderland.

Tel: 0191 563 4242
Email: sunderland@bradleyhall.co.uk