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Stockton on Tees, Portrack Retail Park

Rent: £Price on Application

Sale price: £Price on Application

Region: Teesside

Town/City: Stockton on Tees


LOCATION
Stockton-on-Tees is situated approx. 250 miles north of London, 58 miles north of Leeds and 35 miles south of Newcastle-upon-Tyne. The town is an important sub-regional centre and is a major focus for retail and leisure activity in the area.  Teesside covers the areas of Middlesbrough, Stockton, Billingham and Hartlepool, together with surrounding smaller settlements. It has an urban area population of circa 85,000 people and a wider district population of approximately 190,000 people, with an estimated 350,000 people living within 6 miles of the town centre.

 

Portrack Lane is the principle commercial hub in Teesside, combining offices, trade counter, retail and industrial uses and is positioned to the east of the town centre and to the north of the River Tees.  Stockton is positioned at the intersection of the A19 and A66 Trunk Road, which provide easy access to the A1(M), approximately 15 miles to the west.  Travelling via the A19, it is possible to connect to Leeds, York, Durham and Newcastle within one hour’s drive time.

 

DESCRIPTION
Located at the centre of Portrack Lane, Portrack Retail Park benefits from easy access via a roundabout shared with the Asda supermarket and Portrack Shopping Park comprising, The Range, B&M Home Store, Discount UK and Smyths Toys. This gives the park good presence on Portrack Lane and also a large volume of passing vehicles every hour.

 

ACCOMODATION SCHEDULE

UNIT sq ft sq m EPC Rateable Value
1 20,286 1,884 B46 £131,000
4 10,099 938 B46 £75,000
5 10,084 936 B47 £75,000
6 4,977 462 D93 £34,750

Units 4/5/6/ can be let as one or as individual units.

*Floor areas measured GIA

 

PLANNING
The unit can be used for the sale of non-food retail goods but excluding clothing, footwear, toys, books, watches and jewellery. The landlord is seeking a relaxation of this condition.

 

TERMS
The premises are available by way of a new Effective Full Repairing and Insuring lease subject to 5 yearly reviews.  Subject to 5 yearly reviews and to common estate service charge.

 

For more information please contact:

IAN THURLBECK
ian.thurlbeck@atretail.co.uk

 

Property type: Retail

Rateable value: £TBC

Planning use: TBC

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