Mixed Use for sale

1-6 Regent Mews, Prince Regent Street, Stockton-On-Tees, TS18 1DD

Offers in Region of £185,000
284–1,807 sq. ft.

Property Description

Commercial information

  • 284 sq ft (26 sq m)
  • Use class orders: A1 Shops and B1 Business

Key features

  • Close to the Town Centre
  • Front sales area
  • Office space
  • Storage space
  • Toilet facilities

Full description

Tenure: Freehold

The premises are situated on the east side of Prince Regent Street opposite Bayheath House and in close proximity to the Town Centre.

This is predominantly a mixed commercial location with a variety of occupiers situated close by including Bayheath House council offices, Regent West Mall, The Arc and Domino's.

Stockton on Tees is located approximately six miles to the west of Middlesbrough and conveniently situated to the A66 and A19, the main arterial route throughout Teesside.

The premises form part of a two storey parade of 5 ground floor retail units with 1st floor office and storage facilities.

Externally the ground floor units have retail frontage and internally have front sales areas, office space, storage and WC facilities. The units are occupied by a variety of tenants.

Unit 2 - lease term 12 months from 1st August 2013.
Unit 3 - lease term 5 years from 1st December 2009.
Unit 4 - lease term from 1st January 2013.

Unit 1 - Vacant
Unit 2 - Head to Tail Dog Grooming - 3,120 PA
Unit 3 - Crush Hair - 2,600 PA
Unit 4 - Chain Stitch - 2,600 PA
Unit 5 - Vacant
Unit 6 - Vacant

Unit 1 - 305 sq. ft
Unit 2 - 288 sq. ft
Unit 3 - 284 sq. ft
Unit 4 - 284 sq. ft
Unit 5 - 330 sq. ft
Unit 6 - 316 sq. ft
TOTAL - 1,807 sq. ft

The valuation office website shows rateable values of:
Unit 1 - 2,125
Unit 2 - 2,025
Unit 3 - 2,075
Unit 4 - 2,050
Unit 5 - 1,600
Unit 6 - 3,600

The current UBR (Uniform Business Rate) is 47.9 pence in the pound for the 2017-2018 period. Enquiries regarding the exact amount payable should be directed to Stockton Council on 01642 397108.

Freehold offers invited based on 185,000 for our clients freehold interest.

All offers where made silent of VAT, will be deemed to be exclusive thereof.

Legal Costs
The ingoing tenant will be responsible for our client's reasonable legal costs in connection with this transaction.

More information from this agent

Nearest stations

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

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

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