Refurbished Self-Contained First Floor Offices

Key Features

• Well located on an established business park just 2.5 miles from Durham City Centre
• Dedicated on-site parking with excellent access to the A167 and A1(M)
• Comprehensive refurbishment programme underway, including new UPVC windows and doors, upgraded cladding, and full internal modernisation
• Perfect for SMEs or established regional and national operators seeking a strategic North East presence
• Potentially suitable for alternative uses (subject to the necessary consents)
• Excellent opportunity for local business owners to acquire their own premises

Location

City West Business Park is situated on St. John’s Road, the main thoroughfare through Meadowfield Industrial Estate, a well-established and popular business location approximately 2.5 miles southwest of Durham City. The estate lies between Tyneside and Teesside, with Newcastle around 20 miles to the north and Middlesbrough 25 miles southeast.

Access to the wider region is excellent, with the A167 nearby and the A1(M) accessible via Junction 61. Public transport connections are also strong, with regular Arriva bus services (X46 and 49A) stopping at the entrance to St. John’s Road. Durham City offers mainline rail links across the UK.

Description

The property comprises a modern, self-contained, two-storey office building of brick construction with replacement UPVC double-glazed windows beneath a pitched slate roof. The available accommodation is located on the first floor.

Upon entering the property at ground floor level, there is a dedicated entrance lobby together with WC facilities and ancillary storage. An open staircase leads to the first floor, which provides predominantly open-plan office accommodation, currently incorporating a meeting room, with scope for further subdivision to create additional meeting rooms or private offices, subject to occupier requirements.

The property is undergoing a comprehensive refurbishment programme and will be available to a high-quality, modern specification. The outline specification includes:

• New UPVC external cladding to elevations and main entrance
• Replacement UPVC windows and new entrance doors
• LED lighting throughout
• Wall-mounted electric heaters
• New flooring throughout
• Full internal redecoration
• Refurbished kitchen and WC facilities

Available area

Terms

The property is available To Let, following completion of the refurbishment works, by way of a new effective full repairing and insuring (EFRI) lease for a term of years to be agreed, at an annual rent of £17,000 per annum exclusive (equating to approximately £9.96 per sq ft), representing a competitive rate for refurbished office accommodation.

Estate Charge

An estate service charge is payable to cover the maintenance and management of the common areas within the business park. This includes upkeep of estate roads, landscaping, lighting, and general site management. We understand the current charge is approximately £1.85 per sq ft per annum.

Business Rates

The property is currently assessed under two separate rating entries and will require reassessment by the Valuation Office Agency to reflect the current configuration and available accommodation.

It is anticipated that the reassessed Rateable Value will fall below the Small Business Rates Relief threshold, meaning eligible occupiers may have no business rates to pay. Interested parties are however, advised to confirm the exact position with the Local Authority.

VAT

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.

Legal Costs

Each party to be responsible for their own costs incurred in this transaction.

EPC

B: 39

Anti-Money Laundering Regulations

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.

About Us

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.