REF: 201812064
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For Sale
Development Opportunity, Little Brown Street, Stockton On Tees,TS18 1DF
Specifications
Land, Invest and Develop
11160 sqft
425000
Description
For Sale: Development Opportunity, Little Brown Street, Stockton On Tees,TS18 1DF
Development opportunity located between Stockton High Street and West Row.
Stockton is located 4 miles west of Middlesbrough, 12 miles east of Darlington and 27 miles south of Durham. The town is highly accessible benefitting from excellent road links via the A19 and A66; the latter of which links to the A1(M) to the west. Stockton rail station is located 0.7 miles to the north and link the town with a range of local and major city destinations.
The subject property was formerly a Royal Mail sorting office and lastly a nightclub.
Accessed from West Row, a public pay and display car park with circa 35 spaces generates £250 -£300 per week, currently operated by the current owner.
The car park is separately rated for business rates and currently benefits from small business rates relief.
A 2 bedroom self contained first floor flat in need of refurbishment is accessed from the car park.
The main building is configured to provide a large open plan space with office space / wcs’s along the side.
The main building has been removed from the rating listing a number of years ago and no business rates are currently payable.
Warehouse 10,680.59 sq ft / 992.25 sq m
First floor Flat 479.99 sq ft / 44.459
Total 11,160.58 sq ft / 1036.85 sq m
The total site measures 0.5 acres
Freehold For Sale: 425,000