We are pleased to welcome to the market this commercial unit at the heart of Silver Street, Durham City. The former Crown Post Office is positioned at a midway point of Silver Street. A location known as the thoroughfare between the currently under development Riverside Walk Complex and the Historic Cathedral. This unit comprises a large retail floor space with a prominent frontage, Stairs to the rear leading to basement ancillary and staff areas, and a further sub-basement with rear access leading into back Silver Street. As well as the current offering of space interested parties can also be given the option to include a further two floors above the main retail area at a negotiable additional rate.
Nearby retailers include Body Shop, Superdry, Apple Stormfront, Mountain Warehouse, Cotswold and Krispy Creme.
The building has Grade II listed status and features upper floor ornate windows and crests to either side and wide multipaned timber framed windows at street level.
Durham City is located only 18 miles from Newcastle, 15 miles from Sunderland and 20 miles from Darlington and Teesside. The City is currently receiving heavy investment which will be of huge benefit to the retail sector. The popular Milburngate Centre is being redeveloped to incorporate a multiplex cinema, restaurants and bars.
Net Frontage: 6.60m
Ground Floor Total: 88.00m2
Ground Floor Retail: 70.00m2
Basement Ancillary: 47.00m2
Premises are available on a 10-year full repairing and insuring lease incorporating a 5 yearly upward only rent review. each party is responsible for their own legal costs in connection with any transaction.
The building is Grade II listed and therefore does not require an EPC
All rents, premiums and purchase prices quoted are exclusive of VAT. All offers made will be deemed to be net of VAT.