The subject property comprises a substantial three-storey office building of 1970s construction, offering spacious and versatile commercial accommodation across the first, second and third floors.
The first floor was previously occupied by a firm of solicitors and would benefit from a programme of internal refurbishment and modernisation, providing an excellent opportunity for an incoming occupier to adapt the space to suit their individual business requirements.
The second and third floors are presented in good condition throughout, offering predominantly open-plan accommodation with flexible layouts suitable for a variety of commercial uses.
The property would be well suited to professional services, office-based businesses and a range of alternative commercial occupiers, including potential retail and leisure uses, subject to obtaining any necessary consents.
The premise falls within Use Class E (Commercial, Business & Service) and was previously used as office accommodation.
First Floor
130 sq.m 1,410sq.ft
Second Floor
206 sq.m 2,223 sq.ft
Third Floor
206 sq.m 2,223 sq.ft
Castle Dene Shopping Centre occupies a prominent position within the heart of Peterlee town centre, County Durham, forming the principal retail and commercial destination for the town and its surrounding communities.
Peterlee is situated approximately 12 miles east of Durham City and 10 miles south of Sunderland, benefiting from excellent regional connectivity via the A19 trunk road, which provides direct access to the wider North East road network.
The shopping centre comprises an established mix of national retailers, independent businesses, cafés and professional services, with notable occupiers including Asda, B&M, Boots, Iceland, Superdrug and New Look. The centre serves as a focal point for retail and commercial activity within Peterlee, attracting visitors from the town and surrounding residential areas.
EPC RATING
First Floor: D98
Second Floor: C56
Third Floor: C71
The subject property is available by way of a new lease with terms to be agreed at an asking rent of £5 per sq.ft.
First Floor: £7,000 (Seven Thousand Pounds) Per Annum
Second Floor: £10,800 (Ten Thousand Eight Hundred Pounds) Per Annum
Third Floor: £10,800 (Ten Thousand Eight Hundred Pounds) Per Annum
Each floor is subject to a service charge. Further details are available upon request from the commercial agent.
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 position with the Local Authority.
For all enquiries and viewing arrangements please contact as below.
Bradley Hall Sunderland
Tel: 0191 563 4242
Email: sunderland@bradleyhall.co.uk
