High Street, Yarm, Stockton on Tees, TS15

LOCATION

The property is situated on Yarm High Street, a previous winner of the national "Best High Street" award. Winpenny House is a prominent character building located on the west side of the High Street in Yarm at the junction with Low Church Wynd.

The town is home to a diverse range of retail, leisure and other businesses, with major occupiers including Boots, Waterstones, Costa, Café Nero, Sainsbury's and a wide variety of independent retailers and boutiques.

Car parking is available on the attractive cobbled High Street.

DESCRIPTION

The accommodation available comprises a two storey retail unit occupied for a number of years by Arabian Nights as a restaurant.

The accommodation offers a ground floor restaurant and bar with female and male toilets to the rear. A stairwell to the rear of the building provides access to first floor kitchen, stores and staff toilet. The outgoing tenant is to remove all fixtures and loose fittings from the premises.

The property is suitable for a variety of uses subject to the necessary planning and consents.


ACCOMMODATION

The property comprises the following approximate floor areas:

Ground Floor

Sales Area / Restaurant: 60.00 sq m (645 sq ft)
WCs

First Floor

Kitchen / Stores: 60.35 sq m (649 sq ft)
WC

PROPOSED TERMS

The accommodation is available by way of a new lease at an initial rental of £18,000 per annum exclusive. The tenant will be required to contribute to the costs of buildings insurance and maintenance costs of external building and the common parts. Full details will be provided upon request.

RATEABLE VALUE

The property has a rateable value of £21,000. Interested parties should make their own enquires with Stockton Borough Council in this regard.


LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

There is no VAT in respect of the rent.

VIEWING

Strictly by appointment through this office.

Tel:
Email

SUBJECT TO CONTRACT