Property Details
Pugh Auctions
Lot 025
Lot 025
Auction: December 2018 (L)

Units A & B, 44 Market Place, Bishop Auckland, Durham, DL14 7PB

Property Placeholder
Withdrawn
Property Details
Location

With a district population of 60,000 plus Bishop Auckland is undergoing a major investment and this property is in a prime retail location overlooking the recently re-laid Market Place and with a return frontage facing Newgate Street close all the major retailers WH Smith, Boots, Sports Direct, 02 and the newly opened Auckland Project at 42.

Description

To be offered by Auction. Two retail units. One let as a fast food takeaway at £12,000 per annum on a 15 year lease.

Accommodation

Unit A

FloorDescriptionArea SQMArea SQ FT
Ground
Retail Zone A
19.3208
Ground
Retail Zone B
18.7201
Ground
Retail Zone C
20215
Ground
Internal Storage20.3218


78.3843
Unit B


FloorDescriptionArea SQMArea SQ FT
Ground
Retail Zone A
21.8235
Ground
Retail Zone B
21.7233
Ground
Retail Zone C
14.2153
Ground
Remaining Retail Zone12.7136
Ground
Internal Storage1.617
First
Office11.2120
First
Mess/Staff Room12.9139
First
Internal Storage1.213
First
Staff Toilets4.144

First
Staff Toilets4.144


105.51136

Tenancy


Unit AVacant - Previously occupied by Granger Games.
Unit B
Let to MR F Edalaq T/A Pizza Time.
£12,000 Per annum.
15 year lease commencing 20/5/16.
Rent Reviews every 5 years.

VAT

Subject to VAT

General

The Bishop Auckland project. This is massive and involves £35m of investment in the market square around the Market Square.

The mining museum was completed 12 months ago . The Viewing tower has just opened and 42,the Artists workshop and shops, are all open.

The new Spanish Museum, opens next spring it showcases the 12 Zubaran paintings that Johnathan Ruffer,the sponsor, purchased from the Bishops Palace for some £15m and is a joint venture with Durham University.It is expected to attract 250/300,000 visitors a year.

The new Museum and History centre of the Bishops Palace…in the Palace grounds are under construction and to be completed late 2019 and work has just started on the new Hotel and Retreat. On the North of the Market place.

Addendum

The property is known as Units A and B

Property Location Address:
Units A & B,
44 Market Place,
Bishop Auckland,
Durham,
DL14 7PB
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Auction Details
Auction: December 2018 (L) Date: 4th December 2018 Lot Number: 025 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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