Property Type | Retail / Other |
Tenure | To Let |
Size | 4,975 sq ft |
Rent | £55,000 per annum |
Business Rates | £10,479 per annum |
Rateable Value | £21,000 |
VAT | Applicable |
Energy Performance Rating | This property has been graded as C (58) |
The property occupies a prime roadside position on Dragon Lane, at the entrance to Dragonville Retail Park – one of Durham’s most established out-of-town retail and trade destinations. Just 1.7 miles east of Durham City Centre and less than 2 miles from Junction 62 of the A1(M), the location offers excellent regional connectivity and high levels of visibility, sitting directly opposite the newly opened Wickes, McDonald’s, and Starbucks.
Dragonville serves a wide catchment area, drawing customers from Durham and surrounding communities via the A690 and A1(M). Nearby occupiers include a strong mix of national retailers, trade suppliers, and motor dealerships, such as:
Retail: Tesco, Aldi, Lidl,The Range, Home Bargains, Wickes, B&Q & Currys
Trade: Travis Perkins, Howdens, MKM & Screwfix
F&B: McDonald’s, Starbucks, KFC, Greggs & Pizza Hut
Car Dealerships: Toyota, Peugeot, BMW/Mini, & Hyundai
A purpose built, detached steel portal frame unit with part brick and profile metal clad elevations beneath a pitched insulated roof. The property includes a secure yard/parking area to the side and two roller shutter doors, the main of which measures approx. 4m x 4.2m, providing excellent loading access.
Internally, the unit is arranged in three main sections, providing a combination of open-plan retail and ancillary storage. It benefits from an eaves height of c. 4.25m, rising to 4.85m, with a solid concrete floor, suspended fluorescent lighting, and generous display and loading areas. The accommodation also includes a dedicated office, WC, and kitchen facilities, providing a well-rounded operational environment.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 4,975 | 462.19 |
Total | 4,975 | 462.19 |
The property is available by way of a new FRI lease for a term of years to be agreed, at an annual rent of £55,000 exclusive.
Rateable Value (Effective 1st April 2023): £21,000
Estimated Rates Payable: £10,479
Interested parties should confirm the accuracy of this information and the actual rates payable with the Local Authority.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.