Town Centre Retail Unit To Let in Bishop Auckland

4 Saddler Street, Bishop Auckland, DL14 7BH

11,140 sq ft

Town Centre Retail Unit To Let

Summary

Part of Newgate Shopping Centre
Size: 11,140 sq ft (1,034.94 sq m)
Rent on Application
Subject to Contract

Location

Bishop Auckland is a historic market town in County Durham, located approximately 12 miles south west of Durham City and 14 miles north west of Darlington with excellent road communications from the A688 and the A68. Bishop Auckland is positioned centrally within the county and serves as a key hub for surrounding rural areas. The town’s population, is approximately 25,000, including surrounding areas such as the town centre and nearby suburbs. Bishop Auckland features a mix of age groups, with a slightly higher proportion of residents aged 30 and over compared to the national average. It’s population includes a diverse range of socio-economic backgrounds.

The town also includes areas of residential development alongside its historic core. Auckland Castle, a medieval palace, is a major landmark, emphasizing the town’s long connection to the Bishops of Durham. Bishop Auckland is well connected to nearby towns such as Shildon, Willington, and Spennymoor, and larger cities such as Durham and Sunderland.

Get directions from Google Maps

Mainline Stations

Bishop Auckland

9 mins
Shildon

59 mins
Newton Aycliffe

95 mins
Heighington

116 mins

Underground Station

Chesham

4038 mins
Amersham

4080 mins
Chalfont and Latimer

4096 mins
Broxbourne

4113 mins

Further Information

Rates Payable £46,956 per annum

Service Charge n/a

Description

The Newgate Shopping Centre in Bishop Auckland is a centrally located, enclosed retail hub that caters to the local community. Positioned on Newgate Street, it serves as a convenient destination for essential shopping and leisure. The shopping centre offers affordable parking and regular events to enhance the visitor experience.

The tenant mix includes a combination of national retailers and local businesses, providing a range of shopping and service options under one roof. Key tenants include popular chains such as EE, CeX Entertainment and Greggs, complemented by smaller independent retailers.

Plans for the centre include potential upgrades to its interior and exterior and opportunities for new retail and leisure ventures. The aim is to make the Newgate Centre a vibrant and appealing focal point for residents and visitors alike. The new bus station and Stack developments are scheduled to be completed and open for trade in 2025 which will be an added boost for the shopping centre as footfall levels are proposed to increase throughout.

The subject property which forms part of the Newgate Centre was formerly occupied by B&M Bargains and offers a substantially sized retail warehouse situated on Saddler Street, directly opposite the new bus station which is currently under construction. The property also benefits from delivery access to the front elevation with part glazed frontage and will benefit greatly from consistent footfall and passing trade once the bus station has reopened. The unit can also be carved in order to meet occupier requirements.

Terms

Rent available upon application.

A new lease will be entered into on a Full Repairing and Insuring basis with terms to be agreed, subject to contract.