Superb Investment Opportunity in Stockton

  • £399,999
regency west mall, Stockton-on-Tees TS18, UK

Description

For Sale: Development Opportunity, Upper floors of Regency West Mall, Stockton On Tees, TS18

Over 20,000 sq ft of former office space in Stockton On Tees, Town Centre, above one of the towns landmark buildings, with planning for 29 Apartments 

Stockton on Tees is a Market Town in the North East of England. Its High Street is the widest in the UK and in its heart stands the Town Hall, which dates from 1735 and the Georgian style Shambles market Hall.

Around the Town Hall is the largest outdoor market in the North East of England which has been in existence since the 1300s, its held every Wednesday and Saturday. Stockton Borough Council have recently spent over £65 million pounds in improvements on the High Street and continue to do so. They are also in the process of a huge multi million pound regeneration.

Regency West Mall has permitted development permission to create 29 apartments on the upper three floors. Planning Ref; 18/0375/PDJ, to be developed as follows

7 x two bedroom apartments

22  x one bedroom apartments 

The upper three floors of the property is to be offered on a new 250 year lease at a ground rent of £7,250 per annum

Price £399,999

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  • Address Upper Floors, Regency West Mall, Prince Regent St, Stockton
  • City Stockton
  • State/county Teesside
  • Zip/Postal Code TS18 1EF
  • Country UK

Overview

Property ID: PBE-6887

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