Development Summary
• Planning granted for new roadside retail units forming part of the existing Neasham Retail Park, Darlington
• Comprising approximately 225 m2 (2,422sq ft ) of retail in 2 shop units
• Rents from £20 psf pax
• Planning for A1, A2, A3, A5 uses
• Estimated hand over of units for shop fitting Summer 2017
• Units handed over to a developers' shell specification with capped services.
The Retail Park is situated approximately 0.5 miles to the South East of Darlington Town Centre and within a densely populated part of the town adjacent to the towns mainline railway station and car parking, making it a destination for shopping and for convenience visits.
Existing occupiers Asda, Matalan, Coop Bank, Farmfoods, and Ladbrokes have been established for many years with recent addition of Poundworld opening in May 2016.
Shop units will be available on new tenants effective full repairing and insuring leases for a minimum term of 10 years subject to upward only rent review on the 5th anniversary.