Unit 33, Wellington Square, Stockton-On-Tees, Durham, TS18

Location:
Stockton on Tees is located approximately 4 miles west of Middlesbrough and 12 miles north east of Darlington, forming part of the Teesside conurbation.

Stockton Borough Council are in the process of demolishing the Castlegate Centre having relocated a number of high profile retailers to Wellington Square. This has consolidated the prime retailing pitch and provided a much more 'fit for purpose' shopping experience.

Wellington Square provides over 250,000 sq.ft of retail space plus 800 car parking spaces and houses retailers including Iceland, River Island, Specsavers, Caffe Nero, Poundland, JD, Heron, Superdrug, B&M and Barclays.

Accommodation:
The premises comprise the following approximate net internal floor areas:-

Demise:
Ground Floor Sales 1,140sq.ft. 106sq.m.
First Floor Ancillary 766sq.ft. 71.2sq.m.

Rent:
£25,000 per annum exclusive.

Tenure:
The premises are available on a new effectively full repairing and insuring lease, for a term to be agreed.

Business Rates:
The premises currently has a rateable value of £19,250. For further details visit Gov.uk or contact the business rates department at the local authority.

Service Charge:
The on-account service charge for the current year stands at approximately £8,038.

EPC:
Energy Performance Asset Rating - C

Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT:
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.