The Old Powerhouse at Garden Cottage, Plawsworth, Durham, DH3 4EQ
0191 731 8660
| Property Type | Retail |
| Tenure | To Let / For Sale |
| Size | 2,097 sq ft |
| Price | Price on application |
| Rent | £29,500 per annum |
| Business Rates | £8,607.75 per annum |
| Rateable Value | £17,250 |
| VAT | Applicable |
| Energy Performance Rating | Upon enquiry |
Consett is a popular County Durham market town with a population of over 30,000. The town lies approximately 14 miles south-west of Newcastle upon Tyne and 13 miles north-west of Durham City, with both reachable within 25 minutes by car.
The property is well positioned for access to the A691/A692 and the A68, all of which provide onward links to the wider region.
The property occupies a prominent corner position on Victoria Road, an established retail area within the town centre. The unit benefits from return frontage onto Raglan Street, which leads directly to Middle Street, the town’s primary retail pitch.
It is situated within very close proximity of the town’s bus interchange, providing regular links to Stanley, Chester-le-Street and Durham City, with premium ‘X-lines’ services offering connections to Newcastle and Sunderland.
A highly visible, open-plan retail unit forming the ground floor of a two-storey mixed-use building. The unit benefits from an exceptional corner position with large double-aspect frontage and 16 full-height display windows, providing strong natural light and excellent display opportunities.
Internally, the space is mainly open-plan apart from a small number of structural columns. Existing shop fittings will be removed. Prior to new occupation, the landlord will upgrade lighting to LED, redecorate throughout, and arrange a full clean.
A rear door provides direct access to a service lane for loading and unloading.
| Floor/Unit | sq ft | sq m |
|---|---|---|
| Ground | 2,097 | 194.82 |
Additional storage space of approximately 2,000 sq ft may be available, subject to separate negotiation. This space is not included within the quoted accommodation or rent. Further details are available on request.
The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of £29,500 per annum exclusive.
Alternatively, our client may consider a sale. Further details are available upon application.
Rateable Value: £17,250
Estimated Payable (2024/25): £8,607.75
Interested parties should confirm the actual rates payable with the Local Authority.
Awaiting EPC.
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.
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.
Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.
We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.
While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.
Our main core areas of work include:
Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness
However big or small, we are ready to help. Talk to us today.
