Property Type | Offices |
Tenure | To Let |
Size | 726 to 1,653 sq ft |
Rent | £10,000 - £22,000 per annum |
Business Rates | We understand that the available accommodation forms part of a larger Business Rate Assessment and as such, will need to be reassessed by the Local Authority, when it is established whether the third floor will be Let in whole or part. |
Service Charge | Upon Enquiry |
Estate Charge | n/a |
Energy Performance Rating | This property has been graded as C (74) |
Old Elvet is Durham City's main professional area and the recognised estate agency hub, with occupiers including JW Wood, Robinsons, and Dowens. It is also home to several of the city's legal firms, being in close proximity to Durham Crown Court and Delta Hotels Durham Royal County Hotel.
The prime shopping district of Market Place, Saddler Street, and Silver Street is within comfortable walking distance, as are the East Coast Main Line Rail Station and Durham Bus Station.
There is on-street parking immediately in front of the property.
The available office accommodation is situated on the third floor of this attractive three-storey building. The first, second, and third floors benefit from their own access off Old Elvet and are DDA compliant, featuring a passenger lift.
The present layout of Suite 1, provides reception with 2no. private offices / meeting rooms and 2no. general offices.
Suite 2 provides 2no. general offices and a staff break out area, which could be repurposed into a private office or meeting space by the Tenant if required.
Our client is willing to Let the floor in whole or part. Additionally, the floor benefits from kitchen and WC facilities.
Name | sq ft | sq m |
---|---|---|
Suite - 1 | 926 | 86.03 |
Suite - 2 | 726 | 67.45 |
Total | 1,652 | 153.48 |
The floor is available in whole or part, by way of a new EFRI lease for a term of years to be agreed, at the following rents:
Suite 1: £12,000 pax
Suite 2: £10,000 pax
Total: £22,000 pax
We understand that the available accommodation forms part of a larger Business Rate Assessment and as such, will need to be reassessed by the Local Authority, when it is established whether the third floor will be Let in whole or part.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to us on this basis and where silent, offers will be deemed net of VAT.
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.