REF: 195175318

For Sale

51 High Street, Stokesley, Middlesbrough TS9 5AD

Description

Asset Management opportunity, located in Stokesley, Middlesbrough.

 

 

51 High Street, Stokesley is a stunning Grade II property located in the heart of Stokesley, a market town situated in North Yorkshire. The building currently operates as two separate units comprising a shop and a business centre.

 

The double frontage shop at the front of the building occupies a prominent corner position and has been occupied by Age UK for circa 35 years. 

 

To the side of the building is the entrance to the building known as Stokesley Business Centre, this is set over three floors and comprises 11 offices with communal kitchen and WC'S. 

 

Previously the building has generated between £70,000 - £85,000 per annum as a whole with is currently generating £35,388

 

The building has potential for a variety of uses:

- It could remain as a shared office space / business centre.

- A single company's offices or legal or medical practice.
- Converted into residential flats or a HMO subject to planning.
- The building previously operated as a hotel and could be converted back subject to planning.
- An antiques centre, wellbeing or other multi use space.
- There is also provision to enlarge the existing shop, or possibly create a second retail space, subject to planning.

 

As a listed property each unit of the premises are exempt from business rates if unoccupied.

 

Freehold £495,000

Our Ref: 195175318

Specifications

Offices, Retail, Invest and Develop

TBC

495000

Free Business Valuation

Find out today how easy Parker Barras can make the process of selling your business

More Info

TESTIMONIALS

Discover the Success Stories of Our Clients: Experiences Working with Our Expert Team.

Discover what our satisfied clients have to say about their experience working with us on our reviews page. We are proud to showcase their positive feedback on the quality of our commercial property services and the exceptional customer support they received.

See More

"Fantastic service from start to finish, Thank you for making my purchase easy."

Sarah Gowland

"The best estate agents for commercial properties in the North East- Simple, no-nonsense and loads of common sense, Pay for what you get and carry on with your business. I lease two properties from Parker Barras, One short-term and one long-term and I dealt with the Taylors and Fishers at the famous cube office. Amazing people to connect with and their knowledge of Teesside and business acumen is second to none. Hopefully, I will secure a high street unit by next year."

Raojis Enterprises

"Really pleased with the service, they helped me sell my business and guided me through the whole process."

Manolia Majid

"The sale of my bar was so quick and easy. Very professional and I would definitely use them again."

Germaine Love