To Let, 110 High Street, Stockton on Tees TS18 1BD
- Nearby retailers include Natwest, B&M
- Opposite proposed new green space
- Opposite street parking
- Small Business Rates Relief
The shop is located in Stockton High Street. The unit has great visibility from the multi-million-pound town centre regeneration area and is opposite on street parking which presently provides 1 Hour free parking. The shop is situated opposite the site of the proposed new public realm and council offices which will replace the Castlegate Shopping Centre during 2021-2023 as part of the council’s regeneration plans.
Stockton is located on the banks of the River Tees, approximately 6 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 shop has a timber shop front and internally has plastered skimmed painted wall and suspended ceiling with surface mounted LED lighting. The shop unit is self-contained on ground. A side entrance provides access to the upper floor. To the rear of the shop is a WC and staff area.
The premises provide the following approximate net internal dimensions and floor areas:
Net Frontage 3.65 m (12’00’’)
Internal Width 3.65 m (12’00’’)
Shop Depth 15.0 m (49’02’’)
Ground Floor Sales 54.8 m2 (589 sq ft)
The ground floor premises are available to let by way of a new effective full repairing and insuring lease at a commencing rental of £10,000 per annum exclusive for a minimum term of 5 years from July 2021.
The premises are currently entered the Valuation List at RV £10,500. The current Uniform Business Rate for 2021/22 is 0.498 pence in the £.
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
Under current government legislation Small Business Rates Relief may result in no rates being payable on the unit subject to individual circumstances. This is ideal for occupiers and investors looking to let the property out.
Ground Floor Sales: 589.00 sqft