Unit 2, The High House, Church Street, Murton, SR7
Rent £12,000 pax

NEW HIGH-QUALITY RETAIL UNITS FROM 460 SQ FT TO 1,859 SQ FT                            


LOCATION
Murton, located in East Durham, is just off the A19 north-south trunk road and is a short drive from Seaham, Peterlee, and Easington.

Situated in the heart of Murton Village, The High House enjoys a prominent location on Church Street, the main road connecting the village to nearby communities such as Hetton-le-Hole and Houghton-le-Spring to the west, and Seaham and the A19 to the east. The site is adjacent to the recently relocated and newly built 4,500 sq ft Co-op Food supermarket, further enhancing its strategic position within the village’s established retail area at the bottom of Woods Terrace.

The High House benefits from its strategic position within an area undergoing significant transformation, with several major developments enhancing the appeal of the location for both residents and businesses. These projects are driving economic growth, improving infrastructure, and attracting new visitors to the region, making the surrounding area increasingly desirable. Key developments include:

Seaham Garden Village is a major new housing development in the area, with planning permission for 1,500 homes granted in 2018, as part of the Seaham Garden Village project. Led by prominent house builders such as Miller Homes and Taylor Wimpey, this ongoing project is delivering a mix of 2, 3, and 4-bedroom homes.

Dalton Park Outlet Mall, which lies between Murton Village and the A19 to the east, offers a variety of retail outlets, restaurants, a Cineworld multi-screen cinema, and a Morrisons supermarket.

Jade Business Park has rapidly developed into a key commercial hub in the region. Phase 1, which delivered 155,000 sq ft of new industrial space, was fully occupied just over eighteen months after practical completion. Phases 2 and 3 are in the final stages of planning and are set to deliver in excess of 500,000 sq ft of additional industrial space, further establishing Murton as an attractive location for businesses.


DESCRIPTION
This prominent commercial property, formerly The High House, has undergone a complete redevelopment, transforming the historic public house into a modern, multi-use building. The ground floor offers three new, high-quality retail units, while the first floor provides ‘all-inclusive’ office accommodation, which have their own independent access off The Crofts. The property also holds cultural significance as the filming location for Ken Loach’s 2023 film, The Old Oak.

Each retail unit benefits from large display windows, maximising exposure to passing traffic and footfall, and in turn, providing excellent natural light throughout. Tenants are provided with a strong starting point as the walls, skirting boards, window sills, and ceilings will all be painted white, and energy-efficient LED lighting will be installed throughout. Additionally, each unit will come equipped with new utility supplies, fire alarms, fire-rated ceilings, WC facilities and be DDA compliant. 

Externally, the property features 19 on-site car parking spaces, including 2 accessible bays and 4 EV charging bays, catering to modern requirements. 

ACCOMODATION
Approximate net internal areas as follows:

Unit 1 - 42.76 sq m (460 sq ft)
Unit 2 - 73.82 sq m (795 sq ft)
Unit 3 - 56.14 sq m (604 sq ft)

Total - 172.72 sq m (1,859 sq ft)

*Potential to combine units to accommodate larger space requirements, subject to tenant covenant strength and commercial terms

TERMS
The units are available by way of new EFRI leases for a term of years to be agreed, at the following rents:

Unit 1 - £8,000 pax
Unit 2 - £12,000 pax
Unit 3 - £10,000 pax

RATING ASSESSMENT
The property will need to be assessed following completion of the redevelopment. Based on the Rateable Values of surrounding comparable properties, we expect that Small Business Rate Relief will be available (subject to eligibility) but as always, interested parties should confirm seek clarification from the Local Authority. 

ENERGY PERFORMANCE
To be assessed on completion of redevelopment.

LEGAL COSTS
Each party to be responsible for their own costs incurred in this transaction.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.