£450,000
(£50.02/sq. ft)
Industrial for sale8, New Street, Thornaby TS17
8,996 sq. ft
Freehold
About this property
Industrial / Showroom Premises
May Sell
Secure Rear Yard / Compound
Excellent Access for A66 & A19
Roller Shutter Doors to Rear
Potential for a variety of uses
VAT Exempt
Stockton-on-Tees is located some 14 miles east of Darlington, 21 miles south of Durham and 4 miles west of Middlesbrough. The property is situated just off the A66 which provides easy access to the A19 and A1(M). Thornaby Rail Station is also within only a 5 minute walk.
Neighbouring businesses include Machine Mart, allGym and Driven Motor Group.
The premises comprise a detached unit of steel portal frame construction with brick and blockwork walls with profile cladding above, partial glazed frontage and concrete floors throughout.
Internally the property is an open plan format, essentially square in shape and has operated as a car showroom in re-cent years.
Height to eaves approx. 3.75m, rising to c. 4.50m at the apex.
There are 2no. Electrically operated roller shutter doors (2.92m x 2.80m & 4.84m x 2.14m) that allow access to and from the yard / parking area to the rear.
Terms
The unit is available To Let by way of a new Full Repairing and Insuring lease for a term of years to be agreed at a commencing rent of £38,000 per annum.
The property may also be sold on a Freehold basis with offers invited in the region of £450,000.
Business rates
We understand that the premises have a rateable value of £30,250 effective from 01st April 2023. We recommend that all interested parties contact the Local Authority to establish the precise rates payable.
Energy performance certificate
The Energy Performance Certificate rating is B (46). A full copy is available upon request.
Accommodation:
Showroom: 8,996.00 sqft
Yard: 13,939.00 sqft
Total: 8,996.00 sqft
Neighbouring businesses include Machine Mart, allGym and Driven Motor Group.
The premises comprise a detached unit of steel portal frame construction with brick and blockwork walls with profile cladding above, partial glazed frontage and concrete floors throughout.
Internally the property is an open plan format, essentially square in shape and has operated as a car showroom in re-cent years.
Height to eaves approx. 3.75m, rising to c. 4.50m at the apex.
There are 2no. Electrically operated roller shutter doors (2.92m x 2.80m & 4.84m x 2.14m) that allow access to and from the yard / parking area to the rear.
Terms
The unit is available To Let by way of a new Full Repairing and Insuring lease for a term of years to be agreed at a commencing rent of £38,000 per annum.
The property may also be sold on a Freehold basis with offers invited in the region of £450,000.
Business rates
We understand that the premises have a rateable value of £30,250 effective from 01st April 2023. We recommend that all interested parties contact the Local Authority to establish the precise rates payable.
Energy performance certificate
The Energy Performance Certificate rating is B (46). A full copy is available upon request.
Accommodation:
Showroom: 8,996.00 sqft
Yard: 13,939.00 sqft
Total: 8,996.00 sqft
Mortgage calculator
Monthly repayment
£2,251 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}