Property Search

Property photo

Town centre location

3 storey; brick built retail unit

Redcar is a seaside resort town in the Tees Valley in North Yorkshire 7.5 miles (12.1 km) east-north-east of Middlesbrough by the North Sea coast.

The premises are located on Queen Street with a return onto West Dyke Road which is the main thoroughfare for Redcar town centre.

Occupiers in the vicinity are made up of a mixture of local independent and national operators including NatWest Bank, William Hill Bookmakers and The Clarendon Hotel.

The property comprises a 3 storey; brick built retail unit, arranged over Ground, First and Second Floors.

The property is currently held by way of a lease expiring 8th June 2023.

The current passing rent is £42,738 per annum subject to annual RPI linked reviews.

We are verbally informed by the Local Rating Authority that the Rateable Value of the shop is £28,000 pa and the rates payable are £13,916. The UBR for 2016/2017 is 49.7p. Interested parties are advised to make their own enquiries with the Local Authority for verification.

An EPC is available upon request.

Arrange a Viewing
Ground Floor
 1,434.82 Sq.ft

  
First Floor
 230.3 Sq ft

  
Second
 457.25 Sq.ft

  
Total Sq. ft
 2, 122.37 Sq.ft

  

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Afiliations