Office for sale

Yarm Lane, Stockton-On-Tees TS18

Two-Storey Commercial Property with Strong Investment Potential

Location

Situated on the prominent and well-trafficked Yarm Lane, this property occupies a prime location close to Stockton town centre. The area benefits from strong connectivity and public access, being just minutes from the train and bus stations, as well as the High Street.

The property is located within a key regeneration zone supported by Stockton Council’s Riverside redevelopment initiative, which aims to enhance the public realm, attract new occupiers, and boost footfall - all of which increase the long-term investment appeal of properties in the immediate area.

Description

This substantial two-storey mid-terrace commercial premises extends to approximately 1,628 sq ft and comprises a range of flexible spaces suitable for a variety of business or investment uses.

The ground floor offers a mix of retail, office, and service areas, while the first floor benefits from a separate street-level access and is currently occupied by a tenant.

Ground Floor Accommodation

Main Office/Reception (481 sq ft): Bright and versatile space for retail, showroom, or client-facing operations
Glass Partitioned Office (86.21 sq ft): Ideal for meetings or consultations
Store Room (166.92 sq ft): Generous storage space supporting operational needs
Staff Room (92.79 sq ft): Practical space for employee use
Kitchen (44.79 sq ft): Fitted kitchen with essential amenities
WC Facilities (73.75 sq ft): Well-maintained and conveniently located toilets
First Floor Accommodation (Separate Access)

Entrance Vestibule (76.59 sq ft): Private entrance from street level
Chapel Meeting Room (493 sq ft): Currently used for community gatherings
Kitchen & WC (89 sq ft): Additional self-contained facilities for the tenant
Key Investment Highlights

Approx. 1,628 sq ft over two floors
Separate street-level access to first floor
Ground floor suitable for retail, office, or service-based uses
First floor currently let at £400 pcm / £4,800 per annum
Ground floor has potential to let at £900 pcm / £10,800 per annum
Estimated gross yield: 12.0% based on full occupancy
Positioned in the path of ongoing regeneration activity
Ideal for owner-occupiers, investors, or dual-use operators
Financial Overview

First Floor Tenancy Income: £400 pcm / £4,800 per annum
Potential Ground Floor Rent: £900 pcm / £10,800 per annum
Total Potential Gross Income: £15,600 per annum
Indicative Gross Yield Based on Asking Price (£129,950):
£15,600 ÷ £129,950 × 100 = approx. 12.0% gross yield
This opportunity provides an immediate income stream with scope for full rental optimisation and long-term capital growth in a regenerating town centre environment.

Rateable Value

Rateable Value: £6,000
Multiplier (2024/25): 49.9p
Estimated Business Rates Payable: £2,994 per annum
Relief Eligibility: Qualifying businesses or individuals may be entitled to full Small Business Rate Relief, potentially reducing this liability to £0.
All interested parties should satisfy their own enquiries with Stockton-on-Tees Borough Council
Viewing Arrangements

For further information or to arrange a strictly confidential viewing, please contact our Commercial Team on Option 3).

Please do not approach the current store owners or employees under any circumstances. All viewings and enquiries must be directed through Magnum Properties.