Ennis Square, Dormanstown, Redcar, Redcar And Cleveland

£75,000

Size

706

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links

Key features

  • Ground Floor Retail Unit
  • Located in Ennis Square, Dormanstown
  • Approximate 706 Sq Ft
  • Open Plan Sales Area, Lobby & Rear Counter
  • Offered For Sale or To Let
  • Not Elected for VAT

Description

LOCATION

The property is situated on Ennis Square, a mixed commercial and residential location in the suburb of Dormanstown, west of Redcar.

Dormanstown, which lies south of the A1085 ‘’Trunk Road’’ which links Redcar with the eastern edge of Middlesbrough, close to Wilton International, British Steel and Teesport.

Ennis Square lies to the western end of Dormanstown and nearby occupiers include Sainsburys and Premier convenience stores, British Legion Working Men’s Club, Beyond Housing, Joey’s Pizza and Mr Chip.

DESCRIPTION

The property comprises a ground floor retail unit situated within a two storey building of mixed used. The property is arranged to provide an open plan sales area with counter towards the rear, customer toilet , lobby and a separate toilet.

Externally there is an enclosed yard to the rear of the building within which contains a number of air conditioning units serving the adjoining convenience store.

ACCOMMODATION

The property provides the following approximate areas (NIA):

Sales 65.53 sq m / 706 sq ft
WC -- / --

The first floor has been sold off Freehold as part of the adjacent property and therefore does not form any part of the property available for sale or to let.

LEASE

The rear yard is let by way of a tenant full repairing and insuring lease for a term of 8 years from 12 June 2020 to Sainsburys Supermarket Ltd expiring 31 August 2028. The rent payable is £1,000 per annum.

PROPOSED TERMS

The ground floor retail unit is offered to let by way of a new tenant effectively full repairing and insuring lease for a minimum term of 3 years.

Rental offers are invited around £7,500 per annum exclusive.
FREEHOLD PRICE

The freehold property, including rear yard, is available for sale with offers in region of £75,000 invited.

RATING ASSESSMENT

The property has a current rateable value of £3,950 and therefore qualifies for small business rates relief. Interested parties should contact Redcar and Cleveland Council for the exact rates payable

VAT

The property is not elected for VAT.

Additional information
Service charge
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Business rates
£3,950
Use class
E
Listed building
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

Ennis Square, Dormanstown, Redcar, Redcar And Cleveland

NEAREST STATIONS

National Rail

British Steel Redcar Station

0.62 miles

National Rail

Redcar Central Station

1.23 miles

National Rail

Redcar East Station

1.84 miles

About Thomas : Stevenson, Middlesbrough

Thomas : Stevenson, Middlesbrough

Focusing on Commercial Property Consultancy Thomas : Stevenson primarily deal with shops, offices, industrial property and land. Our team has over 40 years combined experience at a senior level and specialises in the Teesside, North Yorkshire and wider north east commercial property markets.

We have a proven track record in all aspects of the commercial property market.

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Disclaimer - Property reference 8EnnisSquare. 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 Thomas : Stevenson, Middlesbrough. 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.