Property ID : 3a Sunderland Road Gilesgate Durham
For Rent - Available £11,000 Per Annum - Commercial, Office
First floor Office suite situated in a visible location
Area of approximately 119.93 sq m / 1,291 sq ft
Suit a variety of uses such as office, retail or hair & beauty (subject to planning)
Zero business rates subject to meeting qualification criteria
On site car parking
Description
Self contained first floor office situated in a prominent location on the outskirts of Durham City. The most recent use of the premises was as an office but other uses such as retail, hair salon or beauty salon would be suitable subject to landlord’s consent and any necessary local authority consents.
Location
The property is located approximately one mile to the East of Durham City Centre in Gilesgate and forms part of a suburban shopping parade which is anchored by a Sainsburys convenience store. The property is situated in a visible location at the junction of Sunderland Road and Sherburn Road.
Accommodation
The accommodation extends to 119.93 sq m / 1,291 sq ft and is arranged to provide 2 open plan offices, 2 private offices / meeting rooms, a storeroom, WCs and a kitchen. The specification includes LED lighting, wall mounted electric heaters, double glazed windows and a modern tea making area. The property has an onsite car park which is free for customers to use on a short stay basis and for tenants / staff on a long stay basis.
Services
The property has mains supplies of water and electricity in addition to mains drainage. Interested parties should make their own enquiries in this regard.
Energy Performance Certificate
Energy Performance Rating 97 (Band D). Full certificate will be provided on request.
Terms
Available by way of a new effective fully repairing and insuring lease at a rent of £11,000 per annum exclusive of business rates, service charge and all other outgoings. The landlord reserves the right to request a rent deposit.
Rating Assessment
£6,300 obtained from the Valuation Office Agency (www.voa.gov.uk). The UBR for the period 2023/2024 is 51.2p in the pound. Rates payable are therefore £3,225.60 less any Small Business Relief or any other discounts, which might be applicable. Under the current regime, based on the Rateable Value, a small business with only one business premises is likely to be able to claim 100% discount on the Business Rates bill.