Commercial Property for sale

52 & 53 Prince Regent Street, Stockton-on-Tees, TS18

Guide Price* £50,000

Property Description

Key features

  • LARGE COMMERCIAL UNIT
  • Great location
  • Currently returning 9000 per annum
  • Great investment opportunity
  • Two large retail spaces
  • EPC rating C

Full description

LARGE COMMERCIAL UNIT CURRENTLY LET RETURNING £9000 PER ANNUM. Located in a great spot of the popular Prince Regent Street in Stockton. For sale under auction conditions. Guide price £50,000+

LARGE COMMERCIAL UNIT CURRENTLY LET RETURNING £9000 PER ANNUM

Located in a great spot of the popular Prince Regent Street in Stockton this large commercial unit is on offer with sitting tenants under agreement until March 2023. Currently returning £9000 per annum this property offers itself as a great investment opportunity with a superb yield and two growing businesses under tenancy. The property comprises, two large retail spaces, store room, kitchen, male and female toilets. Located at the busier end of Prince Regent Street and surrounded by other retail premises in a good foot flow area viewing is highly recommended to see exactly what is on offer. The property comes fully alarmed and with CCTV with also benefits from an installation of double glazed safety glass. Current tenant usage is gift / bric-a-brac shop and photography studio. Floor Space of approx 160sq meters.


Viewing

Strictly by appointment.


EPC Rating: C

Additional Fees
Buyer's Premium: £1,500.00
Administration Charge: £900.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion


Nearest stations

  • Stockton (0.5 mi)
  • Thornaby (0.6 mi)
  • Eaglescliffe (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House, Auction House North East

Suite 9 Victoria Business Centre, Victoria House, 159 Albert Road Middlesbrough TS1 2PX

01642 268002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Auction House, Auction House North East

Suite 9 Victoria Business Centre, Victoria House, 159 Albert Road Middlesbrough TS1 2PX

01642 268002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stockton (0.5 mi)
  • Thornaby (0.6 mi)
  • Eaglescliffe (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House, Auction House North East

Suite 9 Victoria Business Centre, Victoria House, 159 Albert Road Middlesbrough TS1 2PX

01642 268002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ah_newcastle_1440200_26091. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Auction House North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Auction House North East on 01642 931060.


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