Description:

The property comprises two storey detached older building which has a modern elevation to the front having the benefit of a glazed and profiled mental clad elevation. There is also ramped wheelchair access via the main entrance.

Location:

The property is prominently situated on Maritime Road which is a busy main road close to Portrack Lane Retail Park on the immediate fringe of Stockton Town Centre in a mixed commercial and residential area. It is located opposite The Dolphin Public House and Netto and Farmfoods and adjacent to N-Sign Vehicle Graphics.

Accommodation:

Ground Floor
Offices 1679ft2 (155.98m2)

First Floor
Offices and Store 848ft2 (78.78m2)

Leasehold:

A new Lease is available at a commencing annual rental of £12,500

Rateable Value:

Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is £12,500. However this figure cannot be relied upon and if necessary a written request should be made to the Local Authority for confirmation. The Uniform Business Rate for the Rates Year 2010/2011 is 41.4p.

As a new occupier rights of appeal may exist against the assessment shown above. For further information please contact our Rating Department.

Value Added Tax:

Figures quoted exclude VAT where chargeable.

Lease Terms:

Term of years to be agreed (minimum 3 years) on an effective FRI basis.

Our clients also own additional warehouse premises and land to the rear which may be available by separate negotiation.

The Landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available upon request. A copy of the Code can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square. London, SW1P 3AD Tel: 0207 6951535, Fax: 0207 3343795 or alternatively from the website: www.commercialleasecodeew.co.uk.

Legal Costs:

The Tenant will be responsible for the Landlord’s Legal Fees incurred in the preparation, settling and completion of the Lease plus any VAT and Stamp Duty.

Viewing:

Strictly by appointment with this office.

Reviews:

3 yearly Rent Reviews.