Leasehold £68,500 Per Annum
Lockheed Close, Stockton-on-tees, Durham TS18 3SE

  • Purpose built builders merchant
  • 818 sq m (8,806 sq ft)
  • Extensive site area of 1.94 acres
  • Popular trade location
  • Prime mixed use business park

Description

A modern detached industrial unit of steel portal frame construction, with extensive secure fenced site of approximately 1.94 acres. The building comprises a trade counter and warehouse on ground floor with offices at first floor above the trade counter. Loading access is via two roller shutter doors to the south elevation. The building has a minimum eaves height of 4.75m and maximum apex height of 6.05m Externally the large service yard is predominantly tarmacadam surfaced and partly concrete.

Location

The property is located on the popular Preston Farm Industrial Estate, approximately 2 miles southwest of Stockton town centre. The estate is home to a wide variety of industrial, office and car showroom occupiers, with good access off the A66 dual carriageway via Yarm Road to the west and the A135 to the east. Lockheed Close is an established trade location off the main thoroughfare Concorde Way, with nearby occupiers including MKM, Burrells and Howdens.

Services

We understand that the property is connected to mains supplies of water, three phase electricity and drainage to the main sewer.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

The premises are listed on the Valuation Office Agency website with Rateable Value £54,500.

Tenure

The premises are available by way of assignment or sub lease. The existing lease expires 12th December 2026. The passing rent of £68,500 will be reviewed in December 2021.

EPC

The EPC Rating for the property is C(72). A copy of the EPC report is available on request.

Make an enquiry

Nick Atkinson
0191 245 3011 - nick.atkinson@htare.co.uk

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