Office to rent

Office To Let No Retail Frontage, 85 New Elvet, Durham, DH1 3AQ

01664 518223

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Office

0 bed

0 bath

800 sq ft / 74 sq m

Property description & features

£12,000 to £18,000 Per annum + VAT depending on refurbishment expectations
New 5 year FRI lease available
Rest room facilities
In need of refurbishment
Office/ Retail use with no shop front

Just off Durham Highstreet 85 New Elvet is a 3 story attached property with an attractive period timber and rendered frontage. The ground floor is long with an opened planned retail frontage which is occupied by Loc8 me, there are office spaces and additional areas for retail to the rear on a sub lease bases. The first floor and second floor has been converted to residential accommodation with a separate entrance and is not included with this property.

Strictly by prior appointment via the sole agents P & F Commercial [use Contact Agent Button] or via [use Contact Agent Button]

Durham City Centre is an easily accessible and very popular destination that is well connected to all the surrounding nearby towns. With the A1, a major north south trunk road and good link roads, Newcastle, Darlington and Sunderland all lie within a 30 minute drive time. There is also excellent rail, coach and bus services into Durham from the surrounding major conurbations and the City enjoys a healthy number of visitors and tourists from all over the country.

Offered for let on a new 5 year fully repairing and insuring lease - the rent will be £12k to £18k per annum + VAT. A deposit equal to 3-month rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance.

The space is in need of renovations, the rent will depend on the investment required by the landlord. If the landlord is to carry out the renovation works, the rent will be £18k per annum, if the new tenant carries out the works, the rent can be lower at a minimum of £12k.

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Places of interest

P & F Commercial - Oakham

18 Midland Co, Station Approach Oakham, Rutland LE15 6RA

01664 518223

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P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.

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