The property is in Stockton High Street at the heart of the recently completed town centre regeneration area and is opposite new on street parking which presently provides 1-hour free parking. The shop is situated opposite Yorkshire Building Society and Costa Coffee.
Stockton is located on the bank of the River Tees, approx. 6 miles East of Middlesbrough and 45 miles South of Newcastle upon Tyne. The town has excellent road links to the A66 which provides access to the A19 and A1(M) networks.
The property comprises a 3-storey property with multi pitch slate roofs and a part rear single storey flat roof section. The premises were comprehensively refurbished before the letting. The uppers are not in use and may provide opportunities for future Residential conversion with access off the Wellington Square Shopping Centre. The lies within the town conservation area.
Energy Performance Certificate
The Energy Performance Asset Rating has been assessed as C (73). A full copy of the EPC is available for inspection if required.
Price
Offers sought in the region of £165,000 (One Hundred & Sixty Five Thousand Pounds) exclusive, Subject to Contract, and reflecting an attractive 11% Net Initial Yield (allowing for purchaser's costs)