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Teesway Park, North Tees Ind Est, Stockton On Tees, Stockton-on-Tees, Tees Valley, TS18 2RS

£4,333 pcm
£51,996 pa

£6.63 per sq ft

Business rates & charges may apply

Knight Frank, Newcastle - Commercial
SIZE AVAILABLE

7,843 sq ft

729 sq m

SECTOR

Distribution warehouse to lease

Lease details

Lease available date:
Ask agent
Unit 1 Teesway Park
1

Description

Per sq ft £6.63 per sq ft

GENERAL
Unit 1 is part of a trade park scheme built in 2007 comprising a terrace of 3 units.

The units provide high quality accommodation incorporating the following:
Steel portal frame construction
Attractive glazed pedestrian entrance
Insulated profile coated galvanised steel cladding
Internal clear height of 6m
2x electrically operated sectional loading door (width 4.3 m x height 4.5 m)
Modern reception and office space
Male, Female & disabled WCs
Designated car parking spaces
Services – telecom, water, electricity and gas

TERMS
Unit 1 is available by way of a new effective FRI lease for a minimum initial term of 5 years at a commencing rent of £51,975 per annum.

ENERGY PERFORMANCE
The property has an Energy Performance Asset Rating of B41.

RATEABLE VALUE
According to the Valuation Office Agency website ( Unit 1 has a Rateable Value (effective 1st April 2023) of £30,500.

VAT
Unless otherwise stated all rents and charges are quoted exclusive of Value Added Tax (VAT) and the property is elected for VAT.


Teesway Park is situated on the well-established North Tees Industrial Estate bounded by the A19 to its immediate east.

The property is located on Teesway, a large cul de sac boasting a significant number of established trade operators including BSS, Rinus Roofing Supplies, City Plumbing Supplies, Headlam Group, Dron & Dickson, and Wolseley Group brands.

Teesway is accessed from the well-known A1046 Portrack Lane which links the A19 less than ¼ mile to the east with Stockton on Tees town centre circa 2 miles to the west and is a further focal point for a large number of retail, trade and food operators including Wickes, B&Q, Wren Kitchens and Flooring Superstore.

Due to it being such an active trading location, North Tees Industrial Estate and the wider Portrack Lane area is greatly in demand from occupiers.

Brochures

Teesway Park, North Tees Ind Est, Stockton On Tees, Stockton-on-Tees, Tees Valley, TS18 2RS

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thornaby Station1.5 miles
  • Middlesbrough Station1.6 miles
  • Stockton Station1.8 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

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Disclaimer - Property reference NCC012539018. 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 Knight Frank, Newcastle - Commercial. 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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