Unit MSU1, Wellington Square, Stockton-On-Tees, Durham, TS18
£11.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,519 sq ft
606 sq m
- SECTOR
Retail property shopping centre to lease
- USE CLASSUse class orders: Class E
E
Lease details
- Lease available date:
- Ask agent
Key features
- Stockton on Tees is located approximately 4 miles west of Middlesbrough
- Wellington Square provides over 250,000 sq.ft of retail space
- 800 car parking spaces
- Retailers include Iceland, River Island, Specsavers, Caffe Nero and Poundland
- Subject to Vacant Possession
- Subject unit arranged over ground and first floor
- Ground Floor 6,519 sq ft
- £75,000 per annum exclusive
- New FRI lease
- RV £55,000
Description
Location & Description:
Stockton on Tees is located approximately 4 miles west of Middlesbrough and 12 miles north east of Darlington, forming part of the Teesside conurbation.
Stockton Borough Council are in the process of demolishing the Castlegate Centre having relocated a number of high profile retailers to Wellington Square. This has consolidated the prime retailing pitch and provided a much more 'fit for purpose' shopping experience.
Wellington Square provides over 250,000 sq.ft of retail space plus 800 car parking spaces and houses retailers including Iceland, River Island, Specsavers, Caffe Nero, Poundland, JD, Heron, and Superdrug and Barclays.
Demise:
Ground Floor 6,519 sq ft (605.6 sq m)
First Floor 2,488 sq ft (231 sq m)
Rent:
£75,000 per annum exclusive.
Lease:
New FRI lease for a term to be agreed.
Service Charge:
On-account service charge for the current year stands at approximately £40,969.
Rating Assessment:
Rateable Value (April 2023) - £55,000.
EPC:
Available upon request.
Legal and Professional Fees:
Each party to bear their own costs.
Brochures
Unit MSU1, Wellington Square, Stockton-On-Tees, Durham, TS18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockton Station0.3 miles
- Thornaby Station0.7 miles
- Eaglescliffe Station2.9 miles
Notes
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