North Tees Industrial Estate, 20-29 Teesway, Portrack Lane, Stockton on Tees TS18 2RS

The property is located on North Tees Industrial Estate, a short distance from Portrack Lane and adjacent to the A19 Trunk Road. The Portrack Lane area of Stockton is the principal out of town Trade Counter and Retail location for the Teesside conurbation, combining a number of national operators including B&Q, Wolse-ly, Asda, Topps Tiles, Screwfix and Wickes DIY etc.

The premises themselves are prominently positioned on Teesway providing easy and direct access to Portrack Lane and the A19(T) and from there, the region’s principal road networks beyond.

The premises comprise modern workshop / warehouse premises with 2 storey office accommodation to the front. The warehouse is of steel portal frame construction with brick and block-work walls to lower levels and profile metal sheet cladding above and to the roof. The roof is interspersed with translucent roof light panels to an effective eaves height of approximately 5.3 metres rising to approximately 8.14 metres at the apex. The warehouse can be accessed via 2 loading doors of approximately 5 metres in width and 5 metres in height. The warehouse has mezzanine storage, canteen and WC facilities.

To the front of the premises is 2 storey office accommodation comprising reception and open plan office areas with boardroom and modern office facilities at first floor level. The offices have the benefit of male and female WC accommodation, kitchen, carpets, LED lighting and points for power and data.

Externally, is a large area of hardstanding to the rear with grass land to the side. To the front of the premises is dedicated on site car park for approximately 12 vehicles.

TERMS
The premises are available To Let by way of a new Full Repairing and Insuring Lease at a commencing rental of £45,000 per annum plus VAT.

The premises is also available to purchase Long-leasehold with an expiry of 15 June 2124 (99 years). Offers invited in the region of £340,000 plus vat.

(The property is subject to an annual Ground Rent currently passing off £16,500 plus vat per annum)




Accommodation:
Ground floor office: 1,044.00 sqft
First floor office: 1,044.00 sqft
Warehouse canteen/wc: 6,675.00 sqft
Yard: 52,000.00 sqft
Mezzanine: 1,662.00 sqft
Total: 10,425.00 sqft