PROPOSED NEW RETAIL PARADE Proposed Autumn 2017 RAINTON GATE VILLAGE CENTRE, WEST RAINTON, COUNTY DURHAM DH4 6QL 01642 602001
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PROPOSED NEW RETAIL PARADE Proposed Autumn 2017 RAINTON GATE VILLAGE CENTRE, WEST RAINTON, COUNTY DURHAM DH4 6QL 01642 602001 September 2015 DESCRIPTION Rainton Gate Village Centre is part of the Greenbeck Grange Masterplan/Development which will see the construction of 150 new dwellings over 3 years starting in Spring 2017. The new village centre will comprise modern retail parades with associated parking and loading. ACCOMMODATION The proposed units could provide the following approximate gross internal areas but there is flexibility at this stage to accommodate specific requirements: UNIT SIZE STATUS DEVELOPMENT SUMMARY 1 100 m2 (1,076 sq ft) Available . Proposed new retail development for West Rainton 2 250 m2 (1,130 sq ft) Available . Comprising retail units ranging from approximately 3 120 m2 (1,291 sq ft) Available 100 m2 (1,076 sq ft) to 400 m2 (4,305 sq ft) of retail 4 120 m2 (1,291 sq ft) Available . Rents from £18 psf per annum exclusive (subject to 5 120 m2 (1,291 sq ft) Available contract) 6 100 m2 (1,076 sq ft) Available SERVICE CHARGE . Planning anticipated for A1,A2,A3,A5 and D2 uses 2 . 7 100 m (1,076 sq ft) Available Estimated hand over of units for shop fitting from 2 Each tenant will be responsible for a fair proportion of a service charge Autumn 2017 8 100 m (1,076 sq ft) Available 2 based on floor area for the maintenance and insurance of the building . Units handed over to a developer’s shell specification 9 400 m (4,305 sq ft) Available and any common areas. Further details upon request. with capped services of water, electricity and SPECIFICATION drainage. RATES The units will be handed over to a developer’s shell LOCATION specification with capped services and drainage. The units will be assessed by the Valuation Office on completion but The site is situated to the south-west corner of West the tenant will be responsible for Rates. Rainton and located approximately 5 miles to the north- LEASE DETAIL east of Durham city centre, 23 miles north of Darlington. Shop units will be available on new tenants effective full ENERGY PERFORMANCE CERTIFICATE Newcastle upon Tyne is located 18 miles to the north. repairing and insuring leases for a minimum term of 10 An EPC will be available for each unit upon completion of the build. years subject to upward only rent review on the 5th West Rainton has a resident population of 2,316 (2011) anniversary. Rents from £18 psf. FURTHER INFORMATION and has an annual average daily flow of traffic on the Strictly through the agents: Connect Property North East A690 of 28,785 vehicles per day. PLANNING The units will have the benefit of A1, A2, A3 and A5 Andrew Wilkinson SITUATION uses, subject to planning. ddl: 01642 704932 The site is bounded to the north-east by Station Road, to mob: 07904 622277 the south east by A690, and to the north west by the east Email: [email protected] coast mainline. To the south west of the site is open agricultural fields. The site is currently green field and slopes down from east to west. The site totals 11.35 Ha (28 acres). www.cpne.co.uk Plan and areas are indicative and for information only. The areas proposed are as per the Accommodation on previous page. IMPORTANT NOTICE: whilst every reasonable effort has been made by Connect Property North East to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (‘information’) may be relied upon as a statement of representation or fact. Connect Property North East nor its employees have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of Connect Property North East or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any information given. (v) VAT is applicable unless expressly stated otherwise. Registered Company Number 9404628 First Floor, 4 Halegrove Court, Cygnet Drive, Stockton on Tees, TS18 3DB www.cpne.co.uk .