For Sale by Auction on 21st November 2024
A mid-terraced four storey building of traditonal construction totalling approximately 154.59 sq m (1,664 sq ft). The building is arranged as retail and ancillary accommodation on the ground floor with further ancillary accommodation over first, second and third floors. The building may lend itself to alternative uses, subject to obtaining the necessary consents.
Location
The market town of Stockton-on-Tees lies within County Durham about 10 miles east of Darlington and 21 miles south east of Durham. It can be accessed via the A66(M) and A19 with the former providing access to the A1(M) to the west. Stockton railway station provides regional rail services and Teesside International Airport lies about 8 miles to the south west. The town has recently benefitted from a £60m regeneration of the High Street, which is the widest in the UK.
High Street is the main shopping thoroughfare in the town centre. The property lies on the west side of the street near its junction with Dovecot Street close to Wellington Square Shopping Centre where noteable occupiers include Holland & Barrett, WH Smith, Barclays, Poundland, Greggs and Vision Express.
Accommodation
Ground - Retail/Ancillary - 512 sq ft
First - Ancillary - 333 sq ft
Second - Ancillary - 385 sq ft
Third - Ancillary - 434 sq ft
TOTAL - 1,664 sq ft
Terms
Guide Price £75,000 - Bidder Security £3,500 *fully refundable if unsuccessful bidder
Planning - Stockton-on-Tees Borough Council (01642 525022) - www.stockton.gov.uk
Tenure - Freehold
VAT - Please refer to Legal Documents
Energy Performance Indicator - Rating 68 Band C
Specification
- Freehold retail/commercial building
- Approximately 154.59 sq m (1,664 sq ft)
- High Street location close to national retailers
- Close to Stockton Waterfront
- Alternative use potential (subject to consents)
- Vacant possession