Location
The property is situated in a prime position on the north side of Wellington Street located between the principal shopping areas of Wellington Square and Stockton High Street.
This is a central location popular with both local, regional and national retailers and nearby occupiers include; Thirteen Group, CeX, Vision 25, Max Spielman, Barclays Bank and Heron Foods.
Wellington Street has heavy footfall due its position between Wellington Square Car Park and the main public transport links of the town centre.

Description
The property comprises a mid-terraced, two storey, building arranged to provide a ground floor retail unit together with integral ancillary accommodation at first floor level.
Previously occupied by Newboulds Butchers, for a number of years, the property is now let as a health store and benefits from dumbwaiter and first floor cold store.

Accommodation
The property provides the following accommodation approximately:

Ground Floor

Sales Area: 73.52 sq m ( 791 sq ft)

First Floor

Various Store Rooms: 65.42 sq m ( 704 sq ft)
Wc's

Total: 138.94 sq m ( 1,495 sq ft)

TENURE

The property is available to purchase for £90,000.

Alternatively the premises are available on an FRI lease for a minimum term of 3 years at a rental of £9,000 pa.


Business Rates
The property has a Rateable Value of £8,400 and therefore qualifies for Small Business Rates relief. To determine the exact rates payable we would advise contacting Stockton Borough Council.

Legal Costs
Each party will be responsible for their own legal costs in connection with the transaction.