Retail premises for sale in Church Street, Guisborough TS14

Location

The property is located within the popular market town of Guisborough, 22 miles north-west of Whitby and 10.5 miles South East of Middlesbrough. The town sits on the edge of the picturesque North York Moors National Park.

The property is situated on the Northern side of Church Street, close to Westgate, which is the principal retail street in Guisborough. The property is positioned on a major bus route and thorough fare of the town centre benefitting from both heavy footfall to Prior Pursglove 6th Form College and residential housing.

The area is home to a number of national, regional and local occupiers including Morrisons, Superdrug, HSBC Bank, Heron Frozen Foods and Specsavers, Occupiers in the immediate vicinity include TS14 Clothing, Sophia Jo Bridal and Greedy Teds.

Description

The property comprises a self-contained ground floor retail and providing an open plan sales area, rear stores and WC. The unit benefits from rear loading access and prominent frontage to Church Street.

Occupied for a number of years by the established Age UK, the property is currently fitted out as a retail unit but is ideally suitable for a variety of uses subject to gaining the necessary planning consents.

Accomodation

The unit has the following approximate areas:

Ground Floor

Sales 119.10 sq m (1,282 sq ft)
Stores 23.98 sq m ( 258 sq ft)

WC -- --

Total 143.08 sq m ( 1,540 sq ft)

Rateable value

The property has a rateable value of £16,000. Interested parties should contact Redcar and Cleveland Council for the exact rates payable.

Tenure

The premises are currently let to Age UK on a 15 year Internal Repairing and Insuring Lease, which expires on 27 June 2028, at a passing rent of £16,000 per annum.

Proposed terms

The freehold investment is available to purchase at an asking price of £200,000.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Enquiries

Contact Jack Robinson to discuss your interest.
Tel:

Email:

Viewing

Viewings can be arranged by contacting Thomas : Stevenson direct.

Subject to contract