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6 Wellington St 1,495 SF Retail Building Stockton On Tees TS18 1NA $153,443 CAD ($102.64 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic
  • Prime retail unit
  • Established location

EXECUTIVE SUMMARY

The property is let to Protein Superstore on Full Repairing and Insuring terms at an annual rent of £7,500 per annum exclusive for a period of 5 years expiring 30 October 2026. The tenant has been in occupation at the property since 2016 and renewed the lease from 2021.
The property provides the following accommodation approximately:
Ground Floor Sales Area: 73.52 sq m ( 791 sq ft)
First Floor Various Store Rooms: 65.42 sq m ( 704 sq ft)
Total: 138.94 sq m ( 1,495 sq ft)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,495 SF
Building Class
B
Year Built
1910
Price
$153,443 CAD
Price Per SF
$102.64 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
22’ on Wellington Street

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Costa Coffee
The Royal Oak
ASDA
Farmfoods
NatWest
Virgin Money
Santander
Barclays
Lloyds Bank
HSBC
  • Listing ID: 29798720

  • Date on Market: 2023-10-16

  • Last Updated:

  • Address: 6 Wellington St, Stockton On Tees TS18 1NA

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