144 High Street Stockton-On-Tees County Durham TS18 1LX

144 High Street
Stockton-On-Tees
County Durham
TS18 1LX

Freehold Retail Investment

  • Prominently situated in the town centre 100 metres from Wellington Square Shopping Centre
  • Substantial retail unit with significant frontage
  • Nearby occupiers include Marks & Spencer, H Samuel, New Look, The Money Shop, Greggs and Superdrug
  • Lot
    59
  • Auction
    14th February 2018
  • Rent
    £103,250 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Prominently situated in the town centre 100 metres from Wellington Square Shopping Centre
  • Substantial retail unit with significant frontage
  • Nearby occupiers include Marks & Spencer, H Samuel, New Look, The Money Shop, Greggs and Superdrug
  • Lot 59
  • Auction 14th February 2018
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
3 miles west of Middlesbrough, 30 miles south of Newcastle, 43 miles north of York
Roads
A66, A19, A1
Rail
Stockton Station, Thornaby Station
Air
Durham Tees Valley Airport
Situation

The property is prominently situated on the west side of High Street, close to the main entrance to Wellington Square Shopping Centre . Nearby occupiers include Marks & Spencer, H Samuel, New Look, The Money Shop, Greggs and Superdrug.

Tenure

Freehold.

Location
Miles
3 miles west of Middlesbrough, 30 miles south of Newcastle, 43 miles north of York
Roads
A66, A19, A1
Rail
Stockton Station, Thornaby Station
Air
Durham Tees Valley Airport
Situation

The property is prominently situated on the west side of High Street, close to the main entrance to Wellington Square Shopping Centre . Nearby occupiers include Marks & Spencer, H Samuel, New Look, The Money Shop, Greggs and Superdrug.

Tenure

Freehold.

Description

The property comprises a substantial retail unit with retail accommodation on the ground floor and ancillary accommodation on the first and second floors. The property benefits from a service entrance located on Ropery Street.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a substantial retail unit with retail accommodation on the ground floor and ancillary accommodation on the first and second floors. The property benefits from a service entrance located on Ropery Street.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Second
Retail
Ancillary
Ancillary
790.90 sq m
641.20 sq m
91.71 sq m
(8,513 sq ft)
(6,902 sq ft)
(987 sq ft)
MATCHURBAN (1) 15 years from
31/07/2005 on a full
repairing and
insuring lease
£103,250 30/7/2020
Total
1,523.81 sq m
(16,402 sq ft)
    £103,250  

(1) Matchurban were incorporated in 1990 and are a subsidiary of DC Gaming Limited. The tenant is not currently in occupation of the property.

Property Documents

  • Catalogue Page
    Updated Date
    08.11.19
    File Size
    694 KB
    View PDF
  • Site Plan
    Updated Date
    08.11.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Sintons Law Solicitors The Cube, Barrack Rd
Newcastle upon Tyne
NE4 6DB
Mark Dobbin 0191 226 7876Mark.dobbin@sintons.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now