Marketed by
Connect Property North East
Stockton on Tees
Cygnet Dr, Stockton-on-Tees TS18
Available
1 of 2
Description
Barnard Castle is located just north of the A66, approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population.
The property occupies a prominent corner location on Market Place opposite the Butter Market. Nearby occupiers include Boyes Department Store, Newcastle Building Society Specsavers, Coop, Heron Foods, Holland & Barrett, Boots and Fat. Free surface parking is available on the Market Place immediately opposite and in Galgate close by.
The property comprises a two-storey stone built Grade II Listed property with ground floor former banking hall with ancillary rooms and stores, and a first-floor former residential apartment over first floor with independent rear access. The property has a large, gated carpark to the rear.
LEASE DETAIL
The whole property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at a commencing rent of £55,000 per annum exclusive.
RATING ASSESSMENT
Rateable Value 2023 - £25,000.
UBR 2024/2025 – 49.9p in the £. Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
EPC
The Energy Performance Asset Rating is Band D(84). Further information upon request.
VAT
VAT is deemed to be payable on the rent unless stated otherwise.
Accommodation:
Ground Floor: 4,273.00 sqft First Floor: 1,942.00 sqft Total: 6,215.00 sqft
The property occupies a prominent corner location on Market Place opposite the Butter Market. Nearby occupiers include Boyes Department Store, Newcastle Building Society Specsavers, Coop, Heron Foods, Holland & Barrett, Boots and Fat. Free surface parking is available on the Market Place immediately opposite and in Galgate close by.
The property comprises a two-storey stone built Grade II Listed property with ground floor former banking hall with ancillary rooms and stores, and a first-floor former residential apartment over first floor with independent rear access. The property has a large, gated carpark to the rear.
LEASE DETAIL
The whole property is available by way of a new Full Repairing and Insuring lease for a minimum term of 5 years at a commencing rent of £55,000 per annum exclusive.
RATING ASSESSMENT
Rateable Value 2023 - £25,000.
UBR 2024/2025 – 49.9p in the £. Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
EPC
The Energy Performance Asset Rating is Band D(84). Further information upon request.
VAT
VAT is deemed to be payable on the rent unless stated otherwise.
Accommodation:
Ground Floor: 4,273.00 sqft First Floor: 1,942.00 sqft Total: 6,215.00 sqft
Reference: CPNE_103499
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Marketed by
Connect Property North East
Stockton on Tees
Cygnet Dr, Stockton-on-Tees TS18
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