Rent: £5,657 - £5,657
Town/City: Stockton on Tees
The property is located about 1 mile west of Stockton town centre in the centre of a large suburban residential area. The building occupies a prominent corner position on Durham Road and would be suitable for a variety of different uses subject to planning.
Arranged over ground floor only with rear stores/kitchen and customer/staff WC facilities.
|Ground Floor Sales||46m2||497ft2|
|Rear Stores/Staff Kitchen||17m²||190ft²|
The premises are occupied by way of an existing effective FRI lease expiring 27th February 2027 at a passing rental of £5,657 per annum exclusive. Sub Leases and Short-Term Deals will be considered subject to negotiation.
The property has an Energy Performance Certificate of Band E (113). A copy of the EPC is available upon request.
|Estimated Rates Payable||£1,884|
Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
For enquiries, viewing, and general information, please contact:
T: 0191 280 4237
M: 07949 938210
Property type: Retail
Rateable value: £3776
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