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For Sale by Auction on 17th October 2024, Freehold Retail Investment, 132 High Street, Stockton on Tees, TS18 1LP

819 Sq Ft / Retail / Investment

For Sale - £80,000.00

Available - Last updated: 17 September 2024

For Sale by Auction on 17th October 2024

A mid-terraced building of traditonal construction totalling approximately 76.09 sq m (819 sq ft). The building is arranged as a ground floor retail unit with rear ancillary accommodation with further ancillary accommodation at first and second floor levels.

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 at its junction with Dovecot Street adjacent to Wellington Square Shopping Centre where noteable occupiers include Holland & Barrett, WH Smith, Barclays, Poundland, Greggs and Vision Express.

Accommodation

Ground Floor - Retail/Ancillary - 33.91 sq m (365 sq ft)

First Floor - Ancillary - 26.19 sq m (282 sq ft)

Second Floor - Ancillary - 15.98 sq m (172 sq ft)

Total - 76.09 sq m (819 sq ft)

Terms

Tenure - Freehold

Guide Price - £80,000

EPC - Rating 90 Band D

Specification

  • Freehold retail investment
  • High Street location
  • Close to national retailers
  • Let until 2028 (1)
  • Producing £9,000 per annum

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £80,000.00 NA

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Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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