Back to search results1 QUEEN STREET, REDCAR, TS10 1DY
£15,000 /pa
Key information
- retail
- Redcar
- 1679 sqft
- Prominent Redcar corner plot by High Street & Town Clock.
- 1,679 sq ft (156 sq m) total Net Internal Area across three levels.
- Ground Floor: 630 sq ft retail space, dual-side display frontage, storage, and accessible WC.
- Upper Floor & Basement: 570 sq ft offices (with WCs) plus 151 sq ft basement storage.
- Vacant possession; suitable for retail or office use.
- New FRI lease available at £15,000 p.a. (3/5-year multiples).
- Landlord will consider selling the property.
- Not elected for VAT (no VAT on rent/purchase).
- £11,500 Rateable Value (qualifies for Small Business Rates Relief).
BROCHURE
LOCATION
The property is located within the seaside town of Redcar, 7.5 miles north east of Middlesbrough, 20 miles north west of Whitby and 7.5 miles south east of Hartlepool.
Redcar is a well-established retail centre accommodating local, regional and national occupiers including Costa, Vodafone, B&M and Greggs.
The subject property occupies a prominent trading position on Queen Street / West Dyke Road, adjacent to the pedestrianised section of the High Street and opposite Redcar Town Clock.
The seafront, High Street and esplanade area have undergone significant regeneration in recent years including development of the Redcar Beacon, cinema complex and extensive landscaping.
DESCRIPTION
The property comprises a two storey, corner building with retail display frontage on two sides and is arranged to provide retail sales area with ancillary staff and storage areas together with accessible WC on the ground floor
The first floor is arranged to provide a variety of offices together with female and male WC facilities.
The property benefits from additional storage within the basement.
Available with vacant possession, the property is suitable for a variety of uses including retail and office subject to planning and the necessary consents being achieved.
ACCOMMODATION
The property provides the following approximate areas (NIA):
Ground Floor
Retail Sales 59 sq m (630 sq ft)
Storage 30 sq m (323 sq ft)
WC -- --
First Floor
Offices 53 sq m (570 sq ft)
WC -- --
Basement
Stores 14 sq m (151 sq ft)
Total 156 sq m (1,679 sq ft)
PROPOSED TERMS
The property is available by way of a new lease in multiples of 3 or 5 years on tenant full repairing and insuring terms. Please discuss your requirements with us.
Rental offers in the region of £15,000 per annum are invited.
The landlord would consider offers to sell the property.
RATING ASSESSMENT
The property has a Rateable Value of £11,500 and therefore qualifies for small business rates relief. Interested parties should contact Redcar & Cleveland Council for the exact rates payable.
LEGAL COSTS
Each party will be responsible for their own legal cost in connection with the transaction. A security deposit may be required.
VAT
The property is not elected for VAT.
VIEWING
All viewings are strictly by prior appointment.
Contact: Jack Robinson
Tel: 01642 713303
Email: jack@thomas-Stevenson.co.uk
- These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract:
- Thomas Stevenson cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representation and must satisfy themselves as to their accuracy:
- No employee of Thomas Stevenson has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the authority.
- Prices/rents quoted in these particulars may be subject to VAT in addition; and
- Thomas Stevenson will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.