Former M&S, 139 High Street Stockton-on-Tees TS18 1LW
Former M&S, 139 High Street Stockton-on-Tees TS18 1LW
Freehold Town Centre Development Opportunity
Substantial property comprising approximately 3,335 sq m (35,898 sq ft) on ground, first and second floors
Change of Use potential (subject to necessary consents)
Of interest to owner occupiers, investors and developers
Prominent pedestrianised town centre location
Fronts Wellington Square Shopping Centre and High Street, with nearby retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs
Substantial property comprising approximately 3,335 sq m (35,898 sq ft) on ground, first and second floors
Change of Use potential (subject to necessary consents)
Of interest to owner occupiers, investors and developers
Prominent pedestrianised town centre location
Fronts Wellington Square Shopping Centre and High Street, with nearby retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs
Lot 25
Auction 9th July 2020
Vacant Possession
Status Sold
Price £555,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
39 miles south of Newcastle upon Tyne
50 miles north of York
Roads
A19, A66(M), A1(M)
Rail
Stockton
Air
Teesside International Airport
Situation
Stockton-on-Tees is a large market town in County Durham, approximately 39 miles south of Newcastle upon Tyne and 50 miles north of York. The property is situated on the west side of High Street, in a prominent location as well as also fronting Wellington Square Shopping Centre, with retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs. The property also benefits from various close-by bus stops providing access to the rest of the town.
Tenure
Freehold.
Location
Miles
39 miles south of Newcastle upon Tyne
50 miles north of York
Roads
A19, A66(M), A1(M)
Rail
Stockton
Air
Teesside International Airport
Situation
Stockton-on-Tees is a large market town in County Durham, approximately 39 miles south of Newcastle upon Tyne and 50 miles north of York. The property is situated on the west side of High Street, in a prominent location as well as also fronting Wellington Square Shopping Centre, with retailers including Superdrug, Boots Opticians, JD Sports, Vision Express and Greggs. The property also benefits from various close-by bus stops providing access to the rest of the town.
Tenure
Freehold.
Description
The property comprises a substantial, three storey former Marks & Spencer Store, arranged over ground, first and second floors.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at www.acuitus.co.uk
Description
The property comprises a substantial, three storey former Marks & Spencer Store, arranged over ground, first and second floors.
VAT
VAT is applicable to this lot.
EPC
Available from the legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground First Second
Retail/Ancillary Ancillary Ancillary
1,969.62 sq m 1,182.55 sq m 182.83 sq m
(21,201 sq ft) (12,729 sq ft) (1,968 sq ft)
VACANT
Total
3,335 sq m
(35,898 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
Contacts
Seller's Solicitors
Charles Russell Speechlys LLP 5 Fleet Place London EC4M 7RD
