12033 sq. ft (1117.9 m²)
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
- 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
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Fully managed workspace with reception, business-grade internet and meeting rooms in one simple monthly cost with Regus.