Former M&S, 139 High Street
Stockton-on-Tees
TS18 1LW

Freehold Town Centre Development Opportunity

  • Substantial property comprising approximately 3,335 sq m (35,898 sq ft) on ground, first and second floors
  • Change of Use potential (subject to necessary consents)
  • Of interest to owner occupiers, investors and developers
  • Prominent pedestrianised town centre location
  • Fronts Wellington Square Shopping Centre and High Street, with nearby retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs
  • Lot
    25
  • Auction
    09/Jul/2020
  • Vacant Posession
  • Status
    Available
  • Price*
    £300,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • Former M&S, 139 High Street<br>Stockton-on-Tees<br>TS18 1LW
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  • Photos
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* More information on the term "price" can be found here

Property Information

Location
Miles
39 miles south of Newcastle upon Tyne
50 miles north of York
Roads
A19, A66(M), A1(M)
Rail
Stockton
Air
Teesside International Airport
Situation

Stockton-on-Tees is a large market town in County Durham, approximately 39 miles south of Newcastle upon Tyne and 50 miles north of York. The property is situated on the west side of High Street, in a prominent location as well as also fronting Wellington Square Shopping Centre, with retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs. The property also benefits from various close-by bus stops providing access to the rest of the town.

Tenure

Freehold.

Description

The property comprises a substantial, three storey former Marks & Spencer Store, arranged over ground, first and second floors.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
Possession
Ground
First
Second
Retail/Ancillary
Ancillary
Ancillary
1,969.62 sq m
1,182.55 sq m
182.83 sq m
(21,201 sq ft)
(12,729 sq ft)
(1,968 sq ft)
VACANT
Total
3,335 sq m
(35,898 sq ft)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    03.07.20
    File Size
    26 MB
    Login to View
  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    752 KB
    View PDF
  • Site Plan
    Updated Date
    22.06.20
    File Size
    792 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Charles Russell Speechlys LLP 5 Fleet Place
London
EC4M 7RD
Mark Smith 020 74276722Mark.Smith@crsblaw.com

Useful Links

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