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51 Cheapside
2,852 SF of Retail Space Available in Spennymoor DL16 6QF
Highlights
- Prominent position within Spennymoor Town Centre
- Recent Town Centre regeneration scheme
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,852 SF | Negotiable | $6.66 /SF/YR $0.55 /SF/MO $71.66 /m²/YR $5.97 /m²/MO $1,582 /MO $18,987 /YR | Fully Repairing & Insuring |
Ground
Ground floor retail unit with first floor offices/storage situated in a prominent position within Spennymoor Town Centre. The property was previously used as a hardware store but would suit a variety of uses within use class E to include office and retail amongst others.
- Use Class: E
- Located in-line with other retail
- Glazed double frontage
- Suitable for variety of uses
- First floor office / storgage
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 51 Cheapside , Spennymoor, DUR DL16 6QF
| Property Type | Retail | Year Built | 1891 |
| Gross Leasable Area | 5,088 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,088 SF |
| Year Built | 1891 |
About the Property
The property occupies a position on Cheapside which is immediately to the north of a modern retail development with occupiers including Iceland, Home Bargains and Morrisons Local. Spennymoor has recently benefitted from a town centre regeneration scheme which has included partial demolition of Festival Walk, refurbishment & reletting of retained units within Festival Walk and the development of a new Aldi Supermarket. Occupiers on Cheapside include Evans & Co Solicitors, Boots Pharmacy, William Hill, Spennymoor Library and Lloyds Bank amongst others.
- Storage Space
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Simon Cavey -
Greig Cavey Commercial Ltd
Learn More About Leasing Retail Properties
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51 Cheapside
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