Approximate Site Area of 0.865 Hecatres (2.137 Acres)
Site Coverage of 17%
Residential Conversion Potential (Subject to Consents)
Close to Durham University Campus
Formerly Occupied by HMRC
Lot 43
Auction 13th December 2021
Vacant Possession
Status Withdrawn Post
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
13 miles north-west of Darlington
24 miles south-east of Durham
35 miles south of Newcastle upon Tyne
Roads
A66, A19 and A1(M)
Rail
Thornaby Railway Station and Stockton Railway Station
Air
Teeside International Airport, Newcastle Airport
Situation
Stockton on Tees is a major commercial centre situated under 5 miles west of Middleborough approximately equidistance between York to the south and Newcastle to the north. The property is situated on the busy Teesside Business Park which is located approximately half a mile south of the Stockton town centre. The property occupies a prominent riverside position at the end of St Marks Court. The property benefits from being some 500 metres west of Durham University Campus.
Tenure
Freehold.
Location
Miles
13 miles north-west of Darlington
24 miles south-east of Durham
35 miles south of Newcastle upon Tyne
Roads
A66, A19 and A1(M)
Rail
Thornaby Railway Station and Stockton Railway Station
Air
Teeside International Airport, Newcastle Airport
Situation
Stockton on Tees is a major commercial centre situated under 5 miles west of Middleborough approximately equidistance between York to the south and Newcastle to the north. The property is situated on the busy Teesside Business Park which is located approximately half a mile south of the Stockton town centre. The property occupies a prominent riverside position at the end of St Marks Court. The property benefits from being some 500 metres west of Durham University Campus.
Tenure
Freehold.
Description
The property, a substantial modern office building comprises office accommodation on the ground, first and second floors benefitting from 2 x eight person passenger lifts and a large car park with some 167 car spaces. The property benefits from an approximate site area of 2.137 acres (0.865 hectares) and a site coverage of 17%. The property may be suitable for hotel or residential conversion (subject to consents)
VAT
VAT is applicable to this lot.
Completion Period
6 Week Completion
EPC
See Legal Pack
Description
The property, a substantial modern office building comprises office accommodation on the ground, first and second floors benefitting from 2 x eight person passenger lifts and a large car park with some 167 car spaces. The property benefits from an approximate site area of 2.137 acres (0.865 hectares) and a site coverage of 17%. The property may be suitable for hotel or residential conversion (subject to consents)
(1)The above floor areas are those published by the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/valuations/16921172000
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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