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Unit 11 Wrightson House, Pavilions Shopping Centre, Thornaby, North Yorkshire, TS17 9FF

£1,667 pcm
£20,000 pa

£17.45 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

1,146 sq ft

106 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • *SHOP TO LET*
  • *White Boxed Retail Opportunity*
  • *Ready for Immediate Occupation*

Description

Location

The Pavilion Shopping Centre is located in the heart of Thornaby, approximately 5 miles south west of
Middlesbrough.

Description

The Pavilion Shopping Centre provides an extensive convenience retail offer in the heart of Thornaby, comprising circa 270,000 sq ft of retail and office accommodation anchored by two food stores - a 100,000 sq ft Asda at its southern end and a 17,500 sq ft Farmfoods at it northern end. The library and Thornaby Pavilion Leisure Centre (gym, indoor bowls, squash and badminton) are also located in the heart of the scheme. The scheme provides for circa 800 free car parking spaces and occupiers include Indigo Sun, Greggs, Home Bargains, Card Factory, KFC and Iceland. 2024 footfall was in excess of 5.1 million.
The Centre is undergoing an exciting transformation. The Golden Eagle is being demolished to make way for a new drive-through development, while a brand-new leisure centre, featuring a modern swimming pool, is set to open soon.

Accommodation Text

The premises comprises a large fitted retail space over the following approximate floor areas;

Ground Floor: 1,146 sq ft (107 sq m)


Tenure Comments

The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.

EPC

A copy of the EPC is available upon request.

Service Charge Information

There is an annual service charge of £3,294 + VAT.

Insurance

There is an annual insurance charge of £326.71 + VAT.

Planning

We understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.

VAT

VAT is applicable.

Legal Costs

Each party to be responsible for their own legal costs.

Security

Deposit equivalent to 3 months rent plus VAT to be held by the Landlord for the duration of the lease.

Viewings

Strictly by appointment with the Joint Retained Agents Creative Retail or Newns Webster on .

*SHOP TO LET*

*White Boxed Retail Opportunity*

*Ready for Immediate Occupation*

Brochures

Unit 11 Wrightson House, Pavilions Shopping Centre, Thornaby, North Yorkshire, TS17 9FF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thornaby Station1.5 miles
  • Stockton Station2.4 miles
  • Eaglescliffe Station2.4 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

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