retail unit to let by way of assignment
TRANSCRIPT
sw.co.uk309 Woodland Road, Cockerton Green, Darlington DL3 9AA
Retail Unit To Let by Way of Assignment
309 Woodland Road, Cockerton Green, Darlington DL3 9AA
LocationDarlington is one of the key locations in the Tees Valley Region being a popular commercial and residential town well positioned close to the junction of the A66 and A1M. Darlington Railway Station is also located within the town centre providing direct trading links to London Kings Cross and Durham Tees Valley Airport is also a short distance away. The property itself is located in Cockerton, a popular commercial and residential area of the town. The subject retail unit has direct frontage to Woodland Road which links with the A1M to the north and Darlington Town Centre to the east.
The property is situated in a well established retail parade within Cockerton, accommodating both national and local operators which include Cooplands Bakery, Greggs, Co-operative Food, Hays Travel, Heron Foods and William Hill Bookmakers.
DescriptionThe subject premises offers a ground floor retail unit with ancillary storage, kitchen and WC facilities to the rear. Additional storage is available at first floor level. The unit also benefits from good frontage facing directly onto Woodland Road providing sufficient levels of natural light internally along with suspended ceilings, air conditioning and a fully fitted alarm system. A delivery yard is to the rear elevation which also accommodates staff parking facilities of up to 2 parking spaces. There is also a free parking facility to the rear of the retail parade to accommodate customer parking. The retail unit is currently fitted out to a good standard and has been well maintained.
Lease TermsAvailable by way of assignment the premises are held on a lease for a term of 8 years effective from the 7th May 2017 on a full repairing and insuring basis at a current passing rent of £16,500 per annum exclusive of VAT. The lease is subject to an upwards only rent review in May 2020. Alternatively a sub-lease is available on an FRI basis with terms to be agreed subject to contract.
VATAll rents are exclusive of VAT where chargeable.
Assignment of 8 year lease from 7th May 2017
Rent £16,500 pa
Total area 99.82 sq m (1,074 sq ft)
Rateable Value £13,500
Accommodation
309 Woodland Road, Cockerton Green, Darlington DL3 9AA
Description Sq M Sq ft
Ground floor
Retail Zone A 31.75 342
Retail Zone B 30.46 328
Retail Zone C 10.21 110
First floor internal storage 27.40 295
Total area 99.82 1,074
ITZA 50.90 548
Planning
The property has consent for its current use under A1 Use Class, however, alternative uses may be
considered subject to obtaining the necessary planning consent.
Legal Costs
Each party to bear their own legal costs incurred in the transaction plus any VAT thereon.
EPC
The Energy Performance Asset Rating is Band D(82). A full copy of the EPC is available for inspection
upon request.
Services
We understand that the property is connected to water and electricity services, however, any interested
parties should make their own investigations with regard to this matter.
Rateable Value
The property is listed in the 2017 Rating List at a rateable value of £13,500 Interested parties should
verify the accuracy of this information and rates payable with the Local Rating Authority (Darlington
Council).
Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These
particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of
representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars;
4) The vendor(s) or lessor(s) do not ake or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any
representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the
freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of
VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by
Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. 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.
Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL
sw.co.uk
Strictly by prior appointment with the agents:
Mark Convery
0191 269 0103
Charlotte Marshall
0191 269 0132
Sanderson Weatherall22-24 Grey Street
Newcastle upon TyneNE1 6AD
June 2018