1-6 Regent Mews, Prince Regent Street, Stockton-On-Tees, Durham, TS18 1DD
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- SECTOR
High street retail property for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 26TH FEBRUARY 2025.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
1-6 Regent Mews comprises a freehold, two-storey mixed-use investment property located on Prince Regent Street in Stockton-on-Tees, close to the town centre and Wellington Square. The property includes five ground-floor retail units with prominent frontage, plus a first-floor office/storage unit, totalling approximately 1,807 sq ft. The accommodation is fully let to a mix of local businesses on a range of lease terms, generating a total annual income of £17,320.
The property is situated on the east side of Prince Regent Street, close to Stockton High Street and Wellington Square Shopping Centre. Nearby occupiers include Regent West Mall. The property is approximately 6 miles west of Middlesbrough and has easy access to A66 and A19. Stockton town centre is currently undergoing regeneration, including the development of a new urban park connecting the town centre to the River Tees. See Invest Stockton-on-Tees for further information.
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Stockton-on-Tees Borough Council, Dunedin House, Columbia Drive, Thornaby, Stockton-on-Tees, TS17 6BJ. Telephone:
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH FEBRUARY AND CLOSES ON WEDNESDAY 26TH FEBRUARY.
3. The property is entered in the 2023 Rating List as "shop and premises" with a Rateable Value of: Number 1 = £2,325. Number 2 = £2,225. Number 3 = £2,275. Number 4 = £2,250. Number 5 = £1,600. Number 6 = £3,950. The Rateable Value (RV) is not the amount payable.
4. Energy Performance Certificates = TBC.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Tenure Comments
The property is sold freehold.
1-6 Regent Mews, Prince Regent Street, Stockton-On-Tees, Durham, TS18 1DD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockton Station0.5 miles
- Thornaby Station0.6 miles
- Eaglescliffe Station2.7 miles
Notes
Disclaimer - Property reference 117269FH. 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 PUGH & COMPANY LIMITED, Manchester. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call PUGH & COMPANY LIMITED, Manchester on 01942 559576.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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