1-6 Prince Regent St 1,807 SF 100% Leased Retail Building Stockton On Tees TS18 1DD £145,000 (£80.24/SF) 11.94% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Served by good transport links
- This is predominantly a mixed commercial location
- Close to amenities
- Variety of occupiers situated close by including Bayheath House council offices, Regent West Mall, The Arc and Domino’s
EXECUTIVE SUMMARY
The premises forms part of a two storey parade of 5 ground floor retail units with floor office and storage facilities. Externally the ground floor units have retail frontage and internally have front sales areas, office space, storage and WC facilities. The units are occupied by a variety of tenants.
The premises are situated on the east side of Prince Regent Street opposite Bayheath House and in close proximity to the Town Centre. This is predominantly a mixed commercial location with a variety of occupiers situated close by including Bayheath House council offices, Regent West Mall, The Arc and Domino’s. Stockton on Tees is located approximately six miles to the west of Middlesbrough and
conveniently situated to the A66 and A19, the main arterial route throughout Teesside.
The premises are situated on the east side of Prince Regent Street opposite Bayheath House and in close proximity to the Town Centre. This is predominantly a mixed commercial location with a variety of occupiers situated close by including Bayheath House council offices, Regent West Mall, The Arc and Domino’s. Stockton on Tees is located approximately six miles to the west of Middlesbrough and
conveniently situated to the A66 and A19, the main arterial route throughout Teesside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
1,807 SF
Building Class
B
Year Built
1959
Price
£145,000
Price Per SF
£80.24
Net Initial Yield
11.94%
NOI
£17,320
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.01
Lot Size
0.04 AC
Frontage
55 ft on Prince Regent Street
AMENITIES
- EPC - C
- Roller Shutters
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS









