West Rainton, DH4

Development Summary

 Proposed new retail development for West Rainton

 Comprising retail units ranging from approximately 100 m2 (1,076 sq ft) to 400 m2 (4,305 sq ft) of retail

 Rents from £18 psf per annum exclusive (subject to contract)

 Planning anticipated for A1,A2,A3,A5 and D2 uses

 Estimated hand over of units for shop fitting from Autumn 2017

 Units handed over to a developer's shell specification with capped services of water, electricity and drainage.

Location

The site is situated to the south-west corner of West Rainton and located approximately 5 miles to the north-east of Durham city centre, 23 miles north of Darlington. Newcastle upon Tyne is located 18 miles to the north.

Description

Rainton Gate Village Centre is part of the Greenbeck Grange Masterplan/Development which will see the construction of 150 new dwellings over 3 years starting in Spring 2017.

The new village centre will comprise modern retail parades with associated parking and loading.

Terms

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. Rents from £18 psf.