Other nearby occupiers include Boots the Chemist, Burger King, Iceland and Gates Shopping Centre
Lot 19
Auction 21st October 2010
Rent £35,000 per Annum Exclusive
Status Sold
Price £495,000
Sector Leisure
Auction Venue Millennium Hotel 39-44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
13 miles south-west of Sunderland, 19 miles south of Newcastle upon Tyne, 19 miles north-west of Hartlepool
Roads
A1(M), A690, A167
Rail
Durham Railway Station
Air
Newcastle International Airport (19 miles)
Situation
The property is situated on the south side of North Road approximately 25 yards west of the Framwellgate Bridge/Milburngate junction, some 150 metres from Durham’s main bus station, and close to Gates Shopping Centre. Other nearby occupiers include Boots the Chemist, Burger King, Iceland and Coral Betting Shop.
Tenure
Freehold.
Location
Miles
13 miles south-west of Sunderland, 19 miles south of Newcastle upon Tyne, 19 miles north-west of Hartlepool
Roads
A1(M), A690, A167
Rail
Durham Railway Station
Air
Newcastle International Airport (19 miles)
Situation
The property is situated on the south side of North Road approximately 25 yards west of the Framwellgate Bridge/Milburngate junction, some 150 metres from Durham’s main bus station, and close to Gates Shopping Centre. Other nearby occupiers include Boots the Chemist, Burger King, Iceland and Coral Betting Shop.
Tenure
Freehold.
Description
The property comprises RETAIL ACCOMMODATION on the ground floor with STAFF and TANNING ROOMS on the first floor, and PLANT/STORAGE ACCOMMODATION on the second and third floors.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises RETAIL ACCOMMODATION on the ground floor with STAFF and TANNING ROOMS on the first floor, and PLANT/STORAGE ACCOMMODATION on the second and third floors.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First Second Third
Retail Staff/Tanning Rooms Storage
99.87 sq m 64.94 sq m 27.78 sq m Not Measured
(1,075 sq ft) (699 sq ft) (299 sq ft)
LUXURY LEISURE (t/a Nobles Amusements)
15 years from 03/10/2006 until 02/10/2021 on a full repairing and insuring lease
