High Newham Court Stockton-on-Tees County Durham TS19 8PD

High Newham Court
Stockton-on-Tees
County Durham
TS19 8PD

Freehold Local Shopping Precinct Investment

12 Retail Units and Residential Ground Rent Shopping Precinct
Total floor area of approx. 3,076.50 sq. m. (33,115 sq. ft.)
Situated within a well established local shopping precinct neighbouring The University Hospital of North Tees
Excellent road connections
Asset Management Opportunities
Located adjacent to 780 home Meadow Rise Housing Development

Lot
23
Auction
6th May 2026
Rent
£46,334 per Annum Exclusive
Landlord has right to manage and insure
Status
Available
Guide*
£290,000
Auction Venue
Live Streamed Auction

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Freehold Local Shopping Precinct Investment

12 Retail Units and Residential Ground Rent Shopping Precinct
Total floor area of approx. 3,076.50 sq. m. (33,115 sq. ft.)
Situated within a well established local shopping precinct neighbouring The University Hospital of North Tees
Excellent road connections
Asset Management Opportunities
Located adjacent to 780 home Meadow Rise Housing Development

Lot 23
Auction 6th May 2026
Rent £46,334 per Annum Exclusive Landlord has right to manage and insure
Status Available
Guide* £290,000
Sector
Shopping Precinct
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 30 miles south of Newcastle-upon-Tyne, 4 miles west of Middlesbrough
Roads: A19, A66, A135, A1
Rail: Stockton Railway Station
Air: Teesside International Airport

Situation

The property is situated on the North side of High Newham Road as a well established shopping precinct in a predominently residential area and benefits from excellent communications. Nearby occupiers include Greggs, University Hospital of North Tees and a range of local businesses.

Tenure

Freehold.

Location

Miles: 30 miles south of Newcastle-upon-Tyne, 4 miles west of Middlesbrough
Roads: A19, A66, A135, A1
Rail: Stockton Railway Station
Air: Teesside International Airport

Situation

Tenure

Freehold.

Description

The property comprises 12 retail units arranged on the ground floor and forms part of a larger retail complex with 27 self-contained residential accommodation on the upper floors, which have been let on long lease.

VAT

VAT is applicable to this lot.

Completion Period

8 week completion available.

EPC

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

Description

VAT

VAT is applicable to this lot.

Completion Period

8 week completion available.

EPC

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

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.	Rent Review
Unit 9-10	Ground	Retail	104.32	(1,123)	J S LOCUM SERVICES LTD	999 years until 31/12/3016	Peppercorn	-
Unit 14	Ground	Retail	140.93	(1,517)	MGB TEESSIDE LTD with personal guarantor (t/a SM Teesside Asian Store) (1)	10 years from 01/11/2020 (2)	£9,210 (3)	Annual - open market/RPI (higher of)
Unit 15	Ground	Retail	75.21	(809)	INDIVIDUAL	A term of years until 31/10/2026 (2)	£4,293 (4)	-
Unit 16	Ground	Retail	69.76	(751)	INDIVIDUAL	A term of years until 14/07/2029	£4,170 (5)	Annual - open market/RPI (higher of)
Unit 17	Ground	Retail	74.70	(804)	INDIVIDUAL	A term of years until 30/09/2029 (2)	£3,659 (6)	Annual - open market/RPI (higher of)
Unit 18	Ground	Retail	69.95	(753)	INDIVIDUAL	6 years from 31/12/2020 (2)	£6,705 (7)	Annual - open market/RPI (higher of)
Unit 19-21	Ground	Retail	105.25	(1,133)	INDIVIDUALS	999 years until 31/12/3016	Peppercorn	-
Unit 22a & 22b	Ground	Retail	95.69	(1,030)	VACANT	-	-	-
Unit 23	Ground	Retail	249.81	(2,689)	MEMBERS CHURCH OF GOD INTERNATIONAL CHAPTER	999 years until 31/12/3016	Peppercorn	-
Unit 24	Ground	Retail	403.93	(4,348)	P&O LOGISTICS (t/a Dart Foods)	15 years from 10/03/2025	£7,500 (8)	5 yearly - open market/RPI (higher of)
Unit 30	Ground	Retail	39.94	(430)	FUNTOOL LTD	999 years until 31/12/3016	Peppercorn	-
Unit 31	Ground	Retail	59.60	(641)	RHYTHM OF SPICES LTD with two personal guarantors (t/a Rhythm of Spices Indian Takeaway and Restaurant)	10 years from 15/03/2025 (9)	£7,000 (10)	3 yearly - open market/RPI (higher of)
Flat 8	First/Second	Residential	91.04	(980)	J S LOCUM SERVICES LTD	A term of years until 31/12/2141	£100	Increasing by £100 every 25 years
High Newham Court	First/Second	Residential 26 flats	1,496.37	(16,107)	TR REIT PROPCO 5 LTD	A term of years until 31/12/2141	£2,704	Increasing by £2,600 every 25 years
Parking Spaces	-	Car Park	-	-	TR REIT PROPCO 5 LTD	A term of years until 31/12/2141	Peppercorn	-
-	-	CCTV	-	-	MY SPACE HOUSING SOLUTIONS	A licence until 15/10/2042 (11)	£722	Annual - RPI
Substation	-	Substation	-	-	NORTHERN POWERGRID (NORTHEAST) PLC	A term of years until 08/09/2047	£375
Total			3,076.50	(33,115)			£46,334

(1) The operator was trading from a smaller unit within the parade but opted to expand into this larger unit in 2020.
(2) The lease provides for a landlord option to determine upon serving 3 months written notice at anytime.
(3) A rent deposit of £1,650 is held by the Landlord.
(4) A rent deposit of £1,200 is held by the Landlord.
(5) A rent deposit of £1,200 is held by the Landlord.
(6) A rent deposit of £1,050 is held by the Landlord.
(7) The Tenant is not currently trading from the property. A rent deposit of £1,080 is held by the Landlord.
(8) A rent deposit of £2,250 is held by the Landlord.
(9) The lease provides for a tenant option to determine on 14/03/2030.
(10) A rent deposit of £2,100 is held by the Landlord.
(11) The licence provides for a tenant option to determine on 15/10/2037 and a Landlord option to determine at anytime upon serving 6 months written notice.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.