Office to let in Stockton Road, Stockton-On-Tees TS21

Location

The subject property is on Stockton Road, Sedgefield, nestled between residential properties at the entrance of a bustling village high street.

Sedgefield is a very popular village with high footfall and an excellent tenant mix of independent and national operators. The village also offers a variety of cafes, bars, and pubs. Nearby occupiers include Bolams, Aubergine café and Zen Den Wellbeing Lounge, amongst other commercial premises.

The property lies just off the A689 linking to the A1(m) and A19 motorways with direct routes to Newcastle, Leeds, York and Manchester.

Description

The subject property comprises of mixed-use premises all on one level. The property benefits from 5no. Offices, reception, kitchenette, and w/c to the rear. Internal photos and plans available on request.

The property benefits from Class E use class (retail, office, medical/health services, professional services and food and drink). Our client is willing to work prospective occupiers in relation to fit out.

Accommodation

We calculate the approximate net internal floor areas to be as follows:
Ground Floor 137.36m² (1,478ft²)

There is a separate Garage which may be available by separate negotiation.

EPC rating

Awaiting

Rating assessment

The rateable value of the premises as at 1 April 2023 is £7,700 and the estimated rates payable for the current year is £3,842.30. This is based on the standard Small Business Rate of 49.9p in the pound. Small business rate relief will be available to tenants with one premises, however, interested parties should confirm the current position with the Local Authority..

Terms

The property is available by way of a new lease with terms to be agreed at £22,000 (Twenty-Two Thousand Pounds) per annum, for a term to be agreed in multiples of 3 years.

VAT

No VAT is applicable.