Key features
- Well positioned, prominent retail unit
- Forming part of a covered shopping centre
- Total size of 59.83m² (644 ft²)
- Popular high footfall location
- Awaiting EPC Rating
- May be suitable for a variety of uses.
Description
LOCATION
The subject property is in Fairfax Court, a small, covered shopping centre on Yarm High Street, Stockton on Tees. Yarm is a very popular market town with high footfall and an excellent tenant mix of independent and national operators. The town also offers a large variety of cafes, bars, and pubs.
Immediate neighbouring occupiers include Hair-Tek, Kryogen Wellness, Tomahawk Steakhouse and Yarm Dry Cleaners.
DESCRIPTION
The subject property comprises a ground floor retail unit within Fairfax Court. The property benefits from a timber framed glazed frontage, laminate flooring, LED lighting, plastered walls, kitchenette, and w/c to the rear.
The property benefits from Class E use class (retail, office, medical/health services, professional services and food and drink).
ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:
Ground Floor 59.83m² 644ft²
EPC RATING
C68
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £20,750 and the estimated rates payable for the current year is £10,354.25. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
TERMS
The property is available by way of a new lease with terms to be agreed at £12,750 (Twelve Thousand, Seven Hundred and Fifty Pounds) per annum.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI MONEY LAUNDERING
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
CONTACT US
Contact: Joseph I’Anson
Tel: 01642 265 300
Email: [email protected]
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