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Commercial

Yarm Lane, TS18

450,000.00Available

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About Yarm Lane, TS18

Investment/ development opportunity.

Retail Units with 1st and 2nd floor offices.

For Sale 450,000.

The property comprises a mixed use brick building over three floors providing ground floor retail and office accommodation to the upper floors.

Car parking for 10 cars.

The property is located on Yarm Lane, close to the junction with Stockton High Street.

Stockton-On-Tees is situated on the bank of the River Tees and is approximately four miles to the west of Middlesbrough and 11-miles east of Darlington.

Unit 3 Yarm Lane 94.46 sq m 1017 sq ft EPC Rated C Unit 3A Yarm Lane 62.79 sq m 676 sq ft EPC Rated C Unit 5 Yarm Lane 107.58 sq m 1158 sq ft EPC Rated C Unit 7-9 Yarm Lane 108.50 sq m 1168 sq ft EPC Rated B Unit 5-9 Yarm Lane 338.61 sq m 3645 sq ft EPC Rated D

Accommodation

Unit 3 Yarm Lane 94.46 sq m 1017 sq ft EPC Rated C

Unit 3A Yarm Lane 62.79 sq m 676 sq ft EPC Rated C

Unit 5 Yarm Lane 107.58 sq m 1158 sq ft EPC Rated C

Unit 7-9 Yarm Lane 108.50 sq m 1168 sq ft EPC Rated B

Unit 5-9 Yarm Lane 338.61 sq m 3645 sq ft EPC Rated D

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Tenure

Freehold

Proposed Terms

Offers invited iro 450,000

Legal Costs

The ingoing purchaser will be responsible for their own legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

3 Yarm Lane

Ground floor retail unit, leased as a cafe.

3 year renewable lease commenced 1st November 2021.

Income 7500 per annum.

3A first floor beauty salon.

1 year renewable lease commenced 1st April 2023.

Income 4200 per annum.

5 Yarm Lane

Ground floor retail unit - tenanted at 7,500 pa.

7-9 Yarm Lane

Ground floor retail unit leased as a furniture shop.

3 year renewable lease commenced 1st October 2021.

Income 13500 per annum.

4-9 Yarm Lane

First and second floor offices - vacant

Car Park

Parking for 10 cars.

Council Tax Information

You can find out your council tax band by using the option below:

(Main)
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