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Spring Street, Stockton-On-Tees, Durham, TS18

£110,000

£33.75 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

3,259 sq ft

303 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

B1, B2, B8

Key features

  • Income Generating Investment
  • Scope For Increased Income
  • 7 Separate Units

Description

Springholme Yard, Springholme Street, Stockton-On-Tees , TS18 3PZ

A investment opportunity to take ownership of 7 industrial units which are all currently tenanted, based just down Springholme Street Stockton which is just off Yarm Road, one of the main through roads in Stockton-On-Tees

All units are tenanted as follows.

Unit 1 - 224 SqFt -£80 per month - paid quarterly.

Unit 1a - 274 SqFt - £80 per month - paid monthly

Unit 3 - 217 SqFt - £90 per month - paid monthly

Unit 4/5 - 886 SqFt - £180 per month - paid monthly

Unit 6 - 304 SqFt - £100 per month - paid monthly

Unit 7/8 - 894 SqFt- £130 per month - paid monthly

Unit 9/10 - 460 SqFt - £130 per month - paid monthly

Total size - 3259 SqFt

The total income for all 7 units is £9,480 Per annum. There is scope to further increase this revenue as the units are currently rented on a low price per square foot.

** Please note all red line images are for illustrative purposes only and are only there to provide a brief understanding on the property, they may differ slightly to exact boundaries on title plans and in this case have been used only to outline buildings not land which may be included.

Spring Street, Stockton-On-Tees, Durham, TS18

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station0.8 miles
  • Thornaby Station1.0 miles
  • Eaglescliffe Station2.2 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront fees and offer a free no obligation market appraisal.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 220133149. 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 Parker Barras, Teesside. 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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