Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a prominent High Street retail unit with upper parts.
The property is let in its entirety to Bonmarche on a lease expiring in June 2026, with a rebased rent of £20,000 per annum.
Internally the property provides 3,218 sq ft of accommodation with the ground floor (1,915 sq ft) providing the principal sales area, whilst the upper parts (1,303 sq ft) are utilised as staff areas and storage.
Located on the corner of Tenters Street and Newgate Street, the property occupies a prime corner pitch and benefits from a return frontage. There is service access from a rear yard via a loading door which also includes five car parking spaces.
There may be longer term development potential including the conversion of the upper parts to residential use, this is subject to the existing lease and any requisite consents.
Tenure
Freehold
Tenancy
The property is let in its entirety to Bonmarche on a five year lease expiring 29th June 2026. The lease is on internal repairing and insuring terms and is paying a rebased rent of £20,000 per annum.
Planning
Due to government investment in the local area, grants may be available for any future planning consents for conversion to alternative uses. In some cases this funding can be up to 70% of gross cost. Further information can be obtained from info@bishopaucklandtownteam.org
Rent
Notes
Please note Savills have not inspected the property, any photos, drawings plans and areas are therefore for illustrative purposes only. Purchasers should make their own enquiries in this regard.