Retail premises to let in High Street, Redcar TS10

Summary

Available to let is this large retail premises set across two floors, providing fantastic opportunities for national chains to expand their presence in this North Yorkshire coastal town centre of Redcar. This unit benefits from its close proximity to the mainline train station in Redcar. There is also excellent on street public parking adjacent to the property, Communication links are excellent via the A1472 and A66 to Newcastle/Durham and the A19 South connecting to York and Leeds. The premises features a wide 20m+ shop frontage presence, with passing trade and busy footfall. Although the premises are now vacant. This site does provides a fantastic opportunity to redevelop the space with two large floor plates that could be split, if required.

92-94 High Street is situated on Redcar prime retail street, surrounded by small local boutique shops, cafes and multinationals with the likes of Heron Foods, Kidney Research UK, Betfred, Cooplands, Boyes and The Yorkshire Trading Co. The unit lends itself well to alternative leisure and F&B operators being located in the heart of the night circuit of the Town.

Terms to be agreed on a minimum of a 3-year agreement with either party to provide 6 months notice at any point. A 3-month security deposit is required, with occurring rent payments made monthly in advance.

The retail premises has an energy performance certificate rating C, valid until February 2032.

Each party to pay their own costs associated with this transaction.

All viewings are to be arranged through Align Chartered Surveyors or our joint agents Pattinson Commercial by contacting one of the agents below:

Location

The subject property is located along High Street in Redcar. It is a few minutes walk away from the sea front. Neighbouring occupiers include a variety of independent cafes, takeaways, restaurants and licenced premises. Along with offices there is also a number of salons, hairdressers, barbers and retailers within close proximity.

Lease Terms

By way of new lease terms.

Rateable Value

The current rateable value is 49,250 (1 April 2023 to present).

Sourced from voa.

EPC

Available upon request (rating C).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.