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26 Market Pl 495 sq ft of Assignment Available in Durham DH1 3NJ

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ASSIGNMENT HIGHLIGHTS

  • Busy pedestrianised location close to Durham Cathedral & Durham University Buildings.
  • Prime retail unit situated in Durham Market Place.
  • Nearby occupies include The Post Office, Tesco, Boots & Durham Market Hall.

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • Ground
  • 495 sq ft
  • Mar 2027
  • £75.76 /sq ft pa £6.31 /sq ft pcm £37,500 pa £3,125 pcm
  • Internal Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

The space compromises 495 sf of ground floor retail accommodation with a basement measuring 170 sf. The property is available via assignment of an existing lease which expires 24th March 2027 at a passing rent of £37,500 per annum plus VAT on Tenant Internal Repairing and Insuring terms.

  • Use Class: E
  • Assignment space available from current tenant
  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Secure Storage
  • Exclusive WC facilities
  • Display frontage
  • Open plan
  • Staffroom area
Space Size Term Rate Type
Ground 495 sq ft Mar 2027 £75.76 /sq ft pa £6.31 /sq ft pcm £37,500 pa £3,125 pcm Internal Repairing & Insuring

Ground

Size
495 sq ft
Term
Mar 2027
Rate
£75.76 /sq ft pa £6.31 /sq ft pcm £37,500 pa £3,125 pcm
Type
Internal Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

The space compromises 495 sf of ground floor retail accommodation with a basement measuring 170 sf. The property is available via assignment of an existing lease which expires 24th March 2027 at a passing rent of £37,500 per annum plus VAT on Tenant Internal Repairing and Insuring terms.

  • Use Class: E
  • Assignment space available from current tenant
  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Secure Storage
  • Exclusive WC facilities
  • Display frontage
  • Open plan
  • Staffroom area

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 495 sq ft
Property Type Retail
Property Subtype Shopfront Retail / Residential
Net Internal Area (NIA) 725 sq ft
Year Built 1952

ABOUT THE PROPERTY

The property provided ground floor retail accommodation together with stores at basement level. The property is situated in a prime location on Market Place within Durham City Centre adjoining Durham Indoor Market.

  • 24 Hour Access
  • Listing ID: 33594649

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 26 Market Pl, Durham DH1 3NJ

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