Retail premises to let in High Street, Stockton-On-Tees TS20
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Prime and rarely available freehold property
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Strong occupier demand for retail and leisure uses
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Useable floor area of approx. 91.76 sq m / 988 sq ft
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Ground floor retail area and workshop with upper floor offices / storage
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Nearby occupiers include Costa, Greggs, Tesco Express & Boots
Description
Prime and rarely available freehold property in the centre of Norton. The property is currently used by a shoe repair and key cutting business but would suit a variety of uses including retail, office, leisure or café/restaurant (subject to planning).
Location
The property is located in a visible position in the centre of town. Surrounding occupiers include a mix of national and independently owned retailers including Costa, Greggs, Boots, Betfred and Cooplands. Norton now has a buoyant night-time economy and includes regionally renowned bars and restaurants such as Head of Steam, Canteen & Cocktails, Scran, Café Lilly and the Open Jar.
Accommodation
The ground floor extends to 57.56 sq m / 620 sq ft and provides a sales area, workshop, office, WC and small rear yard. The first floor extends to 34.2 sq m / 368 sq ft and provides ancillary accommodation which could be used for storage or offices.
Services
As far as we are aware the property has mains supplies of gas, water and electricity in addition to mains drainage. Our client advises us that the electricity supply is 3 phase. Interested parties should make their own enquiries.
Energy Performance Certificate
The Energy Performance Certificate has been commissioned and the Full Certificate and Rating are available upon request.
Terms
Available by way of a new fully repairing and insuring lease for a term of years to be agreed exclusive of business rates and all other outgoings at a rent of £13,000 per annum. The landlord reserves the right to request a rent deposit.
Rating Assessment
£6,700 Obtained from the Valuation Office Agency (). The ubr for the period 2022/2023 is 51.2p in the pound. Rates payable are therefore estimated at £3,430.40 before any reliefs are applied. Please contact your local authority for more information.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Greig Cavey, TS26 on +44 1429 718911 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greig Cavey, and do not constitute property particulars. Please contact Greig Cavey for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.