Acuitus Limited, Acuitus

High Newham Court, Stockton-on-tees

Guide price

£290,000

Auction

Size

33,115

Tenure

Freehold

EPC

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Parking

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Primary use
Out of town retail
Frontage
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Key features

  • 12 Retail Units and Residential Ground Rent Shopping Precinct
  • Total floor area of approx. 3,076.50 sq. m. (33,115 sq. ft.)
  • Situated within a well established local shopping precinct neighbouring The University Hospital of North Tees
  • Excellent road connections
  • Asset Management Opportunities
  • Located adjacent to 780 home Meadow Rise Housing Development
  • Rental Income - £46,334 per Annum Exclusive (LL has right to manage and insure)

Description

Situation
The property is situated on the North side of High Newham Road as a well established shopping precinct in a predominently residential area and benefits from excellent communications. Nearby occupiers include Greggs, University Hospital of North Tees and a range of local businesses.

Tenure
Freehold.

Description
The property comprises 12 retail units arranged on the ground floor and forms part of a larger retail complex with 27 self-contained residential accommodation on the upper floors, which have been let on long lease.

VAT
VAT is applicable to this lot.

Completion Period
8 week completion available.

EPC
The EPC will be available to view online in the solicitor’s legal pack.

For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Acuitus Limited, Acuitus

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Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

High Newham Court, Stockton-on-tees

NEAREST STATIONS

National Rail

Stockton Station

1.65 miles

National Rail

Thornaby Station

2.64 miles

National Rail

Billingham Station

3.32 miles

About Acuitus Limited, Acuitus

Acuitus Limited, Acuitus

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Disclaimer - Property reference StocktonOnTees-A13714-LOT23-JS-AA. 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 Acuitus Limited, Acuitus. 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.