4 Ramsgate, Stockton on Tees TS18 1BS
Property Features
- Ground Floor Investment Property
- Established Commercial Location
- Close to High Street
- Annual Income £6,600 per annum
- Business Rates Exempt
- .....for qualifying businesses
Property Summary
Stockton is located on the bank of the River Tees, 5 miles East of Middlesbrough and 45 miles S...
Full Details
The property to let is situated in Ramsgate, close to Stockton High Street and retail frontages. Ramsgate offers a mix of retail and leisure users with offices and residential above.
Stockton is located on the bank of the River Tees, 5 miles East of Middlesbrough and 45 miles South of Newcastle upon Tyne. The town has excellent road links to the A66 which provides access to the A19 and A1(M) networks.
The property comprises a ground floor retail unit with kitchen facilities and associated cloakroom and wc’s.
The property is let to John Kidson who trades as Fantacy Fragrances / Holistic Massage Treatment.
TERMS
Let to John Kidson on a 3-year lease which commenced 1 March 2023 and expires 28 February 2026.
£6000 per annum until 28/02/24
£6360 per annum from 01/03/24 until lease expiry on 28/02/26.
3 upper floor flats with a ground rent totally £600 per annum.
The premises are available to buy Freehold with offers in the region of £95,000 invited.
RATES
The property has a Rateable Value of £5,200.
ENERGY PERFORMANCE CERTIFICATE
C (71)
Accommodation:
Ground floor: 645.00 sqft
