Leven Road, ., Stockton-on-Tees, Durham, TS20 1DF
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Description
Detached building providing mixed use accommodation with an income of £52,540 per annum (fully occupied)
The ground floor units are leased to established businesses that have been in occupation for in excess of 10 years and provide retail services to the local area. The convenience store houses the only post office in the Norton area and as such provides essential services to the surrounding area.
The upper floors provide spacious residential accommodation in the form of 3 flats.
64A and 64B have a shared ground floor entrance
66A has its own entrance.
The Ground Floor Shop (Spar) 64 Leven Road is leased to North East Convenience Stores Ltd on a 15 year FRI lease which commenced on November 2011 with a passing rent of £22,000 per annum.
The Ground Floor (Takeaway) 66 Leven Road is let on a 15 year FRI lease which commenced on 1st September
2019 with a passing rent of £9,600 per Annum.
The first floor apartments are accessed with separate entrances and comprise of 3 spacious apartments which are fully let.
FLAT 64A is currently let at £500 per month
FLAT 64B is currently let at £595 per month
FLAT 66A is currently let at £650 per month
Location
The property is excellently located on Leven Road, a large road which runs through Stockton-on-Tees, County Durham. The surrounding area is an established mixed commercial and residential area, with plenty of other businesses and amenities nearby. The property is close to great transport links, being just opposite a bus stop and only a short distance from Stockton train station.
Accomodation
Detached building providing mixed use accommodation with an income of £52,540 per annum (fully occupied). The ground floor units are leased to established businesses that have been in occupation for in excess of 10 years. The upper floors provide spacious residential accommodation in the form of 3 flats.
64A and 64B have a shared ground floor entrance
66A has its own entrance.
The Ground Floor Shop (Spar) 64 Leven Road is leased to North East Convenience Stores Ltd on a 15 year FRI lease which commenced on November 2011 with a passing rent of £22,000 per annum.
The Ground Floor (Takeaway) 66 Leven Road is let on a 15 year FRI lease which commenced on 1st September
2019 with a passing rent of £9,600 per Annum.
The first floor apartments are accessed with separate entrances and comprise of 3 spacious apartments which are fully let.
FLAT 64A is currently let at £500 per m...
Tenure
Freehold. Title number CE92497
Rateable Value
The current rateable value is £21,750 (1 April 2023 to present). (payable by tenant)
Sourced from VOA.
EPC
Available Upon Request (Rating D)
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on
. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection,
Brochures
BrochureLeven Road, ., Stockton-on-Tees, Durham, TS20 1DF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockton Station1.2 miles
- Billingham Station2.0 miles
- Thornaby Station2.0 miles
About Pattinson Estate Agents, Stockton-On-Tees
20 Bishop Street, Stockton-On-Tees, TS18 1SY
Notes
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