£150,000
Office for sale
Property photos
£150,000
(£50.68/sq. ft)
Office for sale
Newbottle Street, Houghton Le Spring DH42,960 sq. ft
Local area information
Property location
Nearby amenities
- Kepier 0.2 miles
- Bernard Gilpin Primary School 0.3 miles
- Chester-le-Street 4.3 miles
- Seaham 5.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Houghton Le Spring to find out more about the local area.
Features and description
- Prominent town centre retail unit
- Former banking hall and offices
- Totalling 2,960 ft2 (275 m2) over 3 floors
- Immediately adjacent to Greggs’s
- Corner position at junction of Wheler Street
- Nearby Iceland, Ladbrokes, B&M and Savers
Location
Houghton le Spring lies approximately 7 miles southwest of Sunderland and 9 miles northeast of Durham. Newbottle Street is the main retail pitch within the town, and the property occupies an extremely prominent position adjacent to Gregg’s on the corner of Wheler Street. Other nearby occupiers of note include Iceland, B&M, Ladbrokes and Savers.
Description
The property has been occupied by Barclays Bank for several years and is arranged over ground, lower ground and first floors providing retail office and storage premises. The main building is of brick and slate pitched roof construction with attractive stone detailing having additions to the rear.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 22’9” 6.95
Sales Area 1415 131.45
First floor
Offices 881 81.84
Basement
Stores 664 61.69
Tenure
We are advised the property is Freehold.
Asking Price
Offers in the region of £150,000 (one hundred and fifty thousand pounds).
VAT
We are advised that the property is not subject to VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £19,000. The Uniform Business Rate for the Rates Year 2026/2027 is 43.2 p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref C4365
EPC Energy Rating 55/C
Houghton le Spring lies approximately 7 miles southwest of Sunderland and 9 miles northeast of Durham. Newbottle Street is the main retail pitch within the town, and the property occupies an extremely prominent position adjacent to Gregg’s on the corner of Wheler Street. Other nearby occupiers of note include Iceland, B&M, Ladbrokes and Savers.
Description
The property has been occupied by Barclays Bank for several years and is arranged over ground, lower ground and first floors providing retail office and storage premises. The main building is of brick and slate pitched roof construction with attractive stone detailing having additions to the rear.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 22’9” 6.95
Sales Area 1415 131.45
First floor
Offices 881 81.84
Basement
Stores 664 61.69
Tenure
We are advised the property is Freehold.
Asking Price
Offers in the region of £150,000 (one hundred and fifty thousand pounds).
VAT
We are advised that the property is not subject to VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £19,000. The Uniform Business Rate for the Rates Year 2026/2027 is 43.2 p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref C4365
EPC Energy Rating 55/C
More information
Listed by
Lofthouse and Partners Ltd
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