Property for sale in Durham, DH1
North Road, Durham, DH1£85,000
Agent details
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Full Details for Property for sale in Durham, DH1 :
LOCATION
Durham City is the county town of the County of Durham which is centrally located between the conurbations of Tyneside to the north and Wearside to the east and Teesside to the south. The City is approximately 18 miles south of Newcastle upon Tyne, 15 miles south west of Sunderland and 20 miles north of Teesside with Darlington approximately 20 miles to the south.
The centre has a population in the region of 40,000 and an urban population including the outskirts of some 80,000 which is boosted by a large student population of approximately 14,000 that attends the University of Durham and a strong tourist trade centred around the World Heritage Site at the Cathedral and Castle complex.
The property is situated on North Road, a busy thoroughfare connecting the public transport links to the City Centre.
SITUATION
The subject property is situated midway along the south side of North Road close to the main bus station, en route to the mainline railway station. Neighbouring retailers include Tesco Express, new Sainsbury Convenience Store (proposed) in the former Burger King unit, Iceland, Boots, Wetherspoons and Yates.
This is the main pedestrian route from the mainline train station and bus concourse into the prime shopping area of Silver Street/Saddler Street/Market Place which leads onto the World Heritage site of the Castle and Cathedral Complex.
DESCRIPTION
The property, a former Cinema, has been adapted over the years for a variety of uses including former Walkabout Public House, Durham Live Lounge and more lately a Chinese Buffet and Night Club.
The property benefits from a decorative stone façade with large vaulted area to the rear (formerly raked seating pitched for the Cinema) leaving an excellent head height of feature light shows and music venues. The building is of brick construction with a Sarna covered pitched roof to the main auditorium. The property is laid out with steps up to a double door entrance with cloakroom area to the front running into 3 levels of former bar lounge and dance area with ramped/staircase access between the various levels and long fire escape routes to both the north and south boundaries.
To the rear, there are former fly tower storage rooms to the north being of a single level and to the south on three levels.
At first floor, there are kitchens and WC facilities with access both from the front via stairs and a goods lift and to the rear via a feature staircase.
There is a goods lift linking basement up to first floor level for ease of delivery. Access to the basement is from the same staircase.
ACCOMMODATION
The accommodation briefly comprises :-
Ground Floor Split Level 647.38 m2 (6970 ft2)
First Floor 278.89 m2 (3002 ft2)
Basement 79.56 m2( 856 ft2)
Total 1005.96 m2 (10828 ft2)
TERMS
The property is available on lease for a term to be agreed in multiples of 5 years subject to 5 yearly upward only rent reviews on a tenant full repairing and insuring basis. Consideration will be given to the letting of ground floor and basement in isolation or the whole.
RATING ASSESSMENT
To be reassessed on separation.
VIEWING
For general enquiries and viewing arrangements, please contact sole agents
Bradley Hall Chartered Surveyors and ask for Graham Hall.
ASKING RENT
Offers invited in excess of £85,000 per annum.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Bradley Hall upon the basis and where silent, offers will
be deemed net of VAT.
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