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The property comprises ground floor shop unit with first floor offices. The property is located on Newgate Street close to the junction with Great Gates. Bishop Auckland Railway Station is within half a mile distant.
The available space comprises 3,250 sq ft (301.9 sq m) of ground-floor retail accommodation.
The property is available by way of an assignment an existing 15 year Effectively Full Repairing and Insuring Lease from 23th December 2010, due to expire in December 2025.
The available space comprises ground and first floor A1 retail accommodation in Unit 7.
The premises are available by way of a new effectively full repairing and insuring lease for a term to be agreed.
An EPC has been commissioned and is available upon request.
The Newgate Shopping Centre forms part of the prime retail pitch within the town centre.
The subject unit occupies a prominent entrance position with prime frontage on to both the bus station and the internal mall.
Retailers in the immediate vicinity include Wilkinson,
Argos, Wilkinson & New Look.
The Auckland Project is a phenomenal regeneration initiative expected to generate c.200,000 visits per year and includes – The Mining Art Gallery (already open) – Auckland Tower (already open) – Auckland Castle Refurbishment (opening in 2019) – Spanish Art Gallery – The Faith Museum – The Walled Garden and Restaurant – following shortly.
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