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Office for sale

The Fram Well, Framwellgate Peth, Durham, DH1 5SX
Contact Agent
Call Agent 0191 232 7030
Naylors Gavin Black Newcastle upon Tyne
Marketed by
Naylors Gavin Black Newcastle upon Tyne
Higham Pl, Newcastle upon Tyne NE1 8AF, UK
Properties for sale Properties to let
Available
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
The Fram Well, Framwellgate Peth, Durham, DH1 5SX
1 of 6
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Guide Price
£3,625,000
The Fram Well, Framwellgate Peth, Durham, DH1 5SX

12033 sq. ft (1117.9 m²)

Contact Agent Call Agent 0191 232 7030

Key features

  • Modern, three-storey Grade A office building extending to 12,033 sqft with 21 car parking spaces
  • Completed in 2020
  • Freehold
  • EPC Rating B
  • Located in Durham City Centre, within a 5-minute walk of Durham Railway Station and short drive time to the major road networks
  • Zero Grade A office supply and constrained development pipeline in Durham city
  • Fully let to The Secretary of State for Housing, Communities and Local Government
  • Full repairing and insuring lease (FRI) until 1 April 2032 (6.5 years unexpired) at a passing rent of £264,991 pa exclusive
  • Three yearly rent reviews to RPI (1% and 3% collar and cap). Next review on 2 April 2026

Description

The Fram Well was designed by award winning architects, Mawson Kerr, and was completed in 2020. The property enjoys an elevated position with views of Durham city centre, Durham Castle and Cathedral. The exterior of the building boasts a spectacular part glazed, post composite clad façade offering floor to ceiling glazed panels to each floor, flooding the office space with natural light.
- Air conditioning
- Floor to ceiling height of 2.7m throughout
- LG2 compliant LED lighting with PIA control
- 100mm full access raised floor
- 1 x 8-person passenger lift
- Male, female and accessible toilets on all floors
- 21 car parking spaces
- Flexible floor plates which would permit future multi-occupation
Reference: 3309_sales
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All commercial properties for sale in Durham
Naylors Gavin Black Newcastle upon Tyne
Marketed by
Naylors Gavin Black Newcastle upon Tyne
Higham Pl, Newcastle upon Tyne NE1 8AF, UK
Properties for sale Properties to let

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