148 High Street, Stockton-on-Tees, Cleveland, TS18 1PL
£95,000+
Investment
Key Features
- An opportunity to acquire a retail unit extending 2,448 sq ft in the heart of Stockton Town Centre.
- Nearby occupiers: HSBC, Costa, CEX, B&M, Betfred, LLoyds
- Being sold with vacant possession
Part of the
14 December 2023
auction
The Nottingham Racecourse
at
2.30PM
An opportunity to acquire a retail unit extending 2,448 sq ft in the heart of Stockton Town Centre.
- Ground floor retail unit extending to 2,448 sq ft
- Prime location with high levels of footfall
- Adjacent Stockton Globe, a multi-million pound development
- A 4 minute drive from A66 & 8 minutes from the A19
- Excellent transport links, adjacent to the main bus terminal
- Nearby occupiers: HSBC, Costa, CEX, B&M, Betfred, LLoyds
- Stockton Globe provides a popular Music & Comedy venue
- Close to the Wellington Square Shopping Centre
- Comprising spacious open plan trading areas
- Includes large storage area and WC's
- Good display frontage with central recessed entrance
- An internal viewing is highly recommended
- Ideal for owner operators & investors
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
The property is offered For Sale on a new Long Leasehold for a term of 250 years with vacant possession
Refer to Legal Pack