Retail premises for sale

Key Points

Description

The premises forms part of a two storey parade of 5 ground floor retail units with first floor office and storage facilities.

Externally the ground floor units have retail frontage and internally have front sales areas, office space, storage and WC facilities. The units are occupied by a variety of tenants.

Location

The premises are situated on the east side of Prince Regent Street opposite Bayheath House and in close proximity to Stockton High Street and Wellington Square Shopping Centre.

This is predominantly a mixed commercial location with a variety of occupiers situated close by including Bayheath House council offices, Regent West Mall, The Arc and Domino’s.

Stockton on Tees is located approximately six miles to the west of Middlesbrough and conveniently situated to the A66 and A19, the main arterial route throughout Teesside.

Viewings

Strictly through the sole agents Dodds Brown

Terms

Freehold offers invited based on £145,000 for our clients freehold interest.

Occupation

See tenancy schedule

Rates

The valuation office website shows rateable values of:
Unit 1 - £2,325
Unit 2- £2,225
Unit 3 - £2,275
Unit 4 - £2,250
Unit 5 - £1,600
Unit 6 - £3,950

The current ubr (Uniform Business Rate) is 49.9 pence in the pound for the 2024-2025 period. Enquiries regarding the exact amount payable should be directed to Stockton Council on .