durham city retail parkcushwake.completelyretail.co.uk/.../cr_rw_2492_durham_city_retail… ·...
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LOCATION The historic City of Durham is the administrative and principle retailing centre of County Durham. The City is located approximately 29 km (18 miles) south of Newcastle, 22 km (14 miles) south west of Sunderland and 118 km (74 miles) north of Leeds.
Durham enjoys excellent communications, being situated approximately 1.6 km (1 mile) to the west of the A1(M) which provides easy access to Newcastle, Gateshead, Sunderland to the north and Darlington and Teeside to the south.
Rail communications are excellent, being situated on the East Coast mainline with regular high speed intercity train services to London Kings Cross (2 hours 45 minutes) and Edinburgh Waverley (1 hour 45 minutes).
The city has good air links from Newcastle International Airport and Durham Teeside Airport which are both within a 30 minute drive.
CATCHMENT & DEMOGRAPHICS Durham has an estimated urban area population of 42,939 persons (2001 census) with an estimated 171,776 (CACI) people living within a 10 minute drive time of the City Centre and 841,247 people within a 20 minute drive time. This is boosted on a seasonal term basis by a large student population.
The local population is affluent, with Class Groupings AB and C1 accounting for 58.8% of the urban population, as against a UK average of 51.1%, indicating a high degree of local spending power. Home ownership (70.6%) and the number of households with one car (46.4%) are also above average when compared against the UK averages of 68.3% and 43.8%, respectively.
SITUATION The subject property is strategically situated to the north east of Durham city centre, just a short distance off the A690, a major arterial route that connects Durham city centre to junction 62 of the A1(M). Durham City Retail Park occupies a large prominent site, at the junction of McIntyre Way with Alma Place adjacent to a Toyota car showroom.
Occupiers in the immediate vicinity include a Tesco Extra, Dragonville Retail Park, as well as a number of car showrooms including Toyota, Vauxhall and Renault.
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Sunderland
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Stockton-on-Tees
Hartlepool
Middlesbrough
Kingstonupon Hull
Leeds
YorkHarrogate
BradfordBurnley
HalifaxBlackburn
Preston
Southport
Birkenhead
LiverpoolWallasey
Bootle
Warrington
Wigan
Rochdale
Oldham
Bolton
Stockport
Huddersfield
Sheffield
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Barnsley
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ScunthorpeGrimsby
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Norwich
Nottingham
Derby
Loughborough
Leicester
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Wolverhampton
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LONDON
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MiltonKeynes
St AlbansHemelHempstead
HighWycombe
Dunstable
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AylesburyOxford
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Gloucester
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Cwmbran
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CARDIFFAvonmouth
ReadingMargate
Ipswich
Tamworth
Stafford
Shrewsbury
Chester
Widnes
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Not to scale. For identification purposes only
Durham City Retail Park, DurhamThis plan is published for convenience of identi�cation only and although believed to be correct its accuracy cannot be guaran teed and it is expressly excluded from any contract. Designed and pr oduced by 0800 7830696 / www .squeeze.biz Ref:2031
Garden Centre
Opening Late 2015
65,640 sq ft
36,250 sq ft
DISCLAIMER
Savills their clients and any joint agents, give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Designed and produced by Savills Marketing: 020 7409 8644 March 2015
Martin Supple+44 (0) 20 7152 [email protected]
Landlord contactCarolyn Sparshott F&C REIT asset management +44 (0) 20 7016 3586Caparshottfandcreit.com
William HattonDirector Retail +44 (0) 161 277 [email protected]