£12,000 pa

Office to let

  1. Property photo 1 of 1.

£12,000 pa

(£9.10/sq. ft. pa)

Office to let

Market Place, Houghton-Le-Spring DH5

1,318 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Bernard Gilpin Primary School 0.2 miles
  • Gillas Lane Primary Academy 0.3 miles
  • Chester-le-Street 4.7 miles
  • Seaham 4.8 miles

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

Read our area guide for Houghton Le Spring to find out more about the local area.

Features and description

  • Well presented detached office building
  • Prominent location just off Houghton Cut
  • Totalling 1318sqft (122.4m2) over 2 floors
  • Car parking to front
  • Easy access to A690, A19 and A1(M)
Location
Houghton le Spring is a small town situated just off the A690 which is the main link road between Sunderland and Durham being situated approximately 7 miles north of Durham City and 6 miles south of Sunderland. The subject property is situated just off the A690 Houghton Cut on Market Place with frontage to the B1404 Houghton le Spring to Seaham Road. The property has easy access to the A19 and A1(M) providing access to the region.

Description
Two storey detached building of traditional stone construction comprising office accommodation over both floors. To the ground floor is a reception/general office together with staff room and washroom facilities. On the first floor are 3 further offices and washrooms. The accommodation is gas centrally heated and generally well presented.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor NIA 713 66.24

First Floor NIA 605 56.20

Total 1318 122.44

Tenure
A new Sub-Lease is available at a commencing annual rental of £12 000 for a term of years to be agreed up to a maximum term to 28/02/2032 on an effective Fri basis subject to Rent Reviews in line with the Headlease. The lease will be drawn outside of the provisions of The Landlord and Tenant Act 54 in respect of renewal.
VAT

Figures quoted exclude VAT where chargeable.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Marc Weaver or Alexa Reavley


• Rateable Value (rv)
The Rateable Value is currently being split from a larger assessment.

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref
C4300
EPC

Energy Rating 44/B

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. County Durham
  4. Houghton Le Spring
  5. Market Place