£55,000 pa

Retail premises to let

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£55,000 pa

(£8.85/sq. ft. pa)

Retail premises to let

1, Market Place, Barnard Castle DL12

6,215 sq. ft

Local area information

Property location

Nearby amenities

  • St Mary's Roman Catholic Voluntary Aided Primary School, Barnard Castle 0.1 miles
  • Montalbo Nursery & Primary School 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Popular Market Town
  • Prominent Building
  • Former Banking Hall
  • Grade II Listed
  • Free Car Parking Nearby
Barnard Castle is located just north of the A66, approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population.

The property occupies a prominent corner location on Market Place opposite the Butter Market. Nearby occupiers include Boyes Department Store, Newcastle Building Society Specsavers, Coop, Heron Foods, Holland & Barrett, Boots and Fat. Free surface parking is available on the Market Place immediately opposite and in Galgate close by.

The property comprises a two-storey stone built Grade II Listed property with ground floor former banking hall with ancillary rooms and stores, and a first-floor former residential apartment over first floor with independent rear access. The property has a large, gated carpark to the rear.
Lease detail

The whole property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at a commencing rent of £55,000 per annum exclusive.
Rating assessment

Rateable Value 2023 - £25,000.
Ubr 2024/2025 – 49.9p in the £. Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
EPC

The Energy Performance Asset Rating is Band D(84). Further information upon request.
VAT

VAT is deemed to be payable on the rent unless stated otherwise.

Accommodation:
Ground Floor: 4,273.00 sqft
First Floor: 1,942.00 sqft
Total: 6,215.00 sqft

More information

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  1. Zoopla
  2. Commercial to let
  3. County Durham
  4. Barnard Castle
  5. Market Place