The Old Powerhouse at Garden Cottage, Plawsworth, Durham, DH3 4EQ
0191 731 8660
| Property Type | Offices |
| Tenure | To Let |
| Size | 979 to 2,622 sq ft |
| Rent | £7,000 - £18,500 per annum |
| VAT | Not applicable |
| Energy Performance Rating | Upon enquiry |
Consett is a popular County Durham market town that is home to over 30,000 people.
The town is situated approximately 14 miles south-west of Newcastle upon Tyne and 13 miles north-west of Durham City, making it accessible from both cities within 25 minutes. Consett is well positioned at the junction of the A691/A692, both of which provide links to the A1(M) and within 2 miles of the A68 which provides access further north to Edinburgh.
The property comprises a two-storey mixed use commercial building with retail sales to ground floor and offices to first.
Forsters (Radio & TV) occupy the ground floor space, retailing high quality electrical goods. Forsters was established almost 70 years ago and is a successful family run business that now operates in partnership with Euronics, which now has over 600 stores nationwide.
The first-floor offices are self-contained with access gained via Raglan Street. The space has been refurbished and very well managed in recent years and briefly comprises: painted plaster walls and ceilings (suspended ceilings to part), anthracite grey carpet, category II lighting, perimeter trunking, wall mounted electric heaters and each suite benefits from their own WC's.
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Suite - A | 979 | 90.95 | Under Offer |
| Suite - B | 1,643 | 152.64 | Available |
| Total | 2,622 | 243.59 |
The spaces is available in whole or part, by way of new EFRI leases for a term of years to be agreed between the parties at the following rents:
Suite A - £7,000 pax (£7.15 per sq ft)
Suite B - £11,500 pax (£7.00 per sq ft)
Whole First Floor - £18,500 pax (£7.06 per sq ft)
The property is currently assessed as small individual suites and will require reassessment following reconfiguration and alterations. Based on the VOA’s current £ rate per sq m, both suites should qualify for Small Business Rate Relief if occupied separately, but not if the entire floor is taken as a whole. Interested parties should always confirm rates payable with the Local Authority.
Awaiting EPC.
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.
