31 High Newham Court, Stockton-on-Tees, TS19 8PD
Size
642
Tenure
Freehold
EPC
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Parking
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- Primary use
- Restaurant
Key features
- FOR SALE BY AUCTION 26TH MARCH 2026
- Let to Indian takeway t/a Rhythm of Spices Indian Takeaway and Restaurant until 2035
- 3 yearly upward only rent reviews
- Approx. 59.60 sq. m. (642 sq. ft.)
- Situated within a well established local shopping precinct
- Excellent road connections
- Located adjacent to the 780 home Meadow Rise Housing Development
- Rental income £7,000 per Annum Exclusive
Description
The property is situated on the North side of High Newham Road within a well established shopping precinct in a prominently residential area and benefits from excellent communications. Nearby occupiers include Greggs, University Hospital of North Tees and a range of local businesses.
Tenure
Virtual Freehold. Held for a term of 999 years at a peppercorn ground rent.
Description
The property comprises a restaurant arranged on the ground floor and forms part of a larger retail parade with residential flats on the floors above, which are not included in the sale.
VAT
VAT is applicable to this lot.
Note
Units 14, 18, 22A & 22B and 24 are being offered separately as Lots 35, 36, 40 and 42.Completion Period8 week completion available.
EPC
Band C.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
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- BREEAM rating
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- Environmental description
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31 High Newham Court, Stockton-on-Tees, TS19 8PD
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Disclaimer - Property reference STOCKTON-31HIGHNEWHAMCT-A13514-LOT41-JS-AA. 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 Acuitus Limited, Acuitus. 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.