Rent: £Price on Application
Region: County Durham
The subject site is located on North Terrace, Seaham in County Durham. North Terrace forms part of the major route through Seaham town centre and overlooks Seaham seafront and the Marina. The area is made up of a number of mixed-use buildings, which has proven very popular with locals and tourists, providing a high level of services and facilities within the local area. The property is located approximately 6 miles south of Sunderland city centre and benefits from convenient access to the region via the A19.
The site boasts planning permission for an impressive leisure venue on Seaham seafront. The proposed scheme occupies 13,884 sq ft of accommodation spread over three floors, utilising the potential for delivering a leisure opportunity in the heart of Seaham. The scheme benefits from an A3 and A4 restaurant and drinking establishment use subject to details of ventilation, extraction and plant. All of which needs to be submitted and approved in writing by the Local Planning Authority. The scheme has the prospect of offering a continual service exploiting both day and night consumer markets.
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All prices, premiums and rents, etc are quoted exclusive of VAT at the prevailing rate.
Each party to be responsible for their own legal costs incurred in any transaction.
The VOA will need to assess business rates upon practical completion.
Rent on application for a term to be agreed subject to contract. Full Repairing and Insuring lease.
To be assessed once practical completion of the development has taken place.
The premises will be supplied with gas, water and electricity.
For viewing and further information please contact:
T: 07949 938210
Property type: Leisure
Rateable value: £TBC
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