Arriva, Queen Street, Redcar, Redcar And Cleveland

£1,250

Size

1,679

Lease length

5years

EPC

Parking

Ask agent

Price per
£8.93 pa
Primary use
High street retail
Other use(s)
Traditional office
Frontage

No floor / site plan

Building amenities

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

  • Transport links
  • Well connected
  • Air conditioning
  • Basement
  • Central heating
  • Natural light
  • Open plan
  • Storage space
  • Kitchen

Key features

  • Prominent Redcar corner plot by High Street & Town Clock.
  • 1,679 sq ft (156 sq m) total Net Internal Area across three levels.
  • Ground Floor: 630 sq ft retail space, dual-side display frontage, storage, and accessible WC.
  • Upper Floor & Basement: 570 sq ft offices (with WCs) plus 151 sq ft basement storage.
  • Vacant possession; suitable for retail or office use.
  • New FRI lease available at £15,000 p.a. (3/5-year multiples).
  • Landlord will consider selling the property.
  • Not elected for VAT (no VAT on rent/purchase).
  • £11,500 Rateable Value (qualifies for Small Business Rates Relief).

Description

LOCATION

The property is located within the seaside town of Redcar, 7.5 miles north east of Middlesbrough, 20 miles north west of Whitby and 7.5 miles south east of Hartlepool.

Redcar is a well-established retail centre accommodating local, regional and national occupiers including Costa, Vodafone, B&M and Greggs.

The subject property occupies a prominent trading position on Queen Street / West Dyke Road, adjacent to the pedestrianised section of the High Street and opposite Redcar Town Clock.

The seafront, High Street and esplanade area have undergone significant regeneration in recent years including development of the Redcar Beacon, cinema complex and extensive landscaping.

DESCRIPTION

The property comprises a two storey, corner building with retail display frontage on two sides and is arranged to provide retail sales area with ancillary staff and storage areas together with accessible WC on the ground floor

The first floor is arranged to provide a variety of offices together with female and male WC facilities.

The property benefits from additional storage within the basement.

Available with vacant possession, the property is suitable for a variety of uses including retail and office subject to planning and the necessary consents being achieved.

ACCOMMODATION

The property provides the following approximate areas (NIA):

Ground Floor
Retail Sales 59 sq m (630 sq ft)
Storage 30 sq m (323 sq ft)
WC -- --

First Floor
Offices 53 sq m (570 sq ft)
WC -- --

Basement
Stores 14 sq m (151 sq ft)

Total 156 sq m (1,679 sq ft)

PROPOSED TERMS

The property is available by way of a new lease in multiples of 3 or 5 years on tenant full repairing and insuring terms. Please discuss your requirements with us.

Rental offers in the region of £15,000 per annum are invited.

The landlord would consider offers to sell the property.


RATING ASSESSMENT

The property has a Rateable Value of £11,500 and therefore qualifies for small business rates relief. Interested parties should contact Redcar & Cleveland Council for the exact rates payable.

LEGAL COSTS

Each party will be responsible for their own legal cost in connection with the transaction. A security deposit may be required.

VAT

The property is not elected for VAT.

VIEWING

All viewings are strictly by prior appointment.
Contact: Jack Robinson
Tel:
Email:


SUBJECT TO CONTRACT
Additional information
Let type
Ask agent
Let contract length
60 months
Rent obligation
Fully repairing and insuring
Status
Available
Service charge
Ask agent
Business rates
Ask agent
Use class
E
Floors in building
3
Energy performance certificate: C

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

Read more about EPC requirements
Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

Arriva, Queen Street, Redcar, Redcar And Cleveland

NEAREST STATIONS

National Rail

Redcar Central Station

0.18 miles

National Rail

Redcar East Station

0.93 miles

National Rail

British Steel Redcar Station

1.86 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 1QUEENSTREET. 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.