The property comprises a two storey detached modern purpose-built office with ancillary car parking.
The building is of steel portal frame construction with part rendered external brick and blockwork cavity walls, two storey glass curtain walling to the North-East elevation, powder coated rainwater goods and hermetically sealed double-glazed windows all under a flash roof system.
Internally, the unit is fitted to a high specification to include; suspended ceilings, Cat II lighting, gas central heating and Cat 5 computer cabling. The premises also benefit from kitchen and wc facilities on each floor.
Location
Meadowfield is a popular commercial and residential suburb of Durham City. The nearby A690 provides access to the city as well as west towards Crook and the Wear Valley and the city of Durham to the east. The A1(M) (6 miles) provides access North to Newcastle upon Tyne (24 miles) and south to Darlington (26 miles).
The A167 is accessed at Nevilles Cross (1.5 miles) to the east. The A167, old A1 road provides access north towards Framwellgate Moor and Chester-le-Street (10 miles) and south towards Chilton and Newton Aycliffe (12 miles). The mainline intercity railway services provided in Durham City allow for easy access throughout the country.
Accommodation
Ground Floor – 175 sq m (1,884 sq ft)
WC Facilities
Terms
TERMS - The property is available by way of a new EFRI lease for a term of years to be agreed at an annual rent of £21,000 pax (£11.41 per sq ft).
RATING ASSESSMENT - We understand that the rateable value effective from the 1 st April 2017 is £14,890. It is however, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.
ENERGY PERFORMANCE - The property has an energy performance rating of C(51).
LEGAL COSTS - Each party to be responsible for their own costs incurred in this transaction.
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.
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.
Specification
- Modern Purpose Built Office with Private Car Parking for up to 18 Vehicles
- Ground Floor Offices of Approximately 175.00 sq m (1,884 sq ft)
- Located on an Established Business Park Approximately 3 Miles South West of Durham City
- Easy Access to A690 & A167
- Prominent Roadside Position
- New EFRI Lease Available
- Rent £21,500 pax (£11.41 psf)