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148B High St 3,772 SF Office Condo Unit Offered at $81,290 in Stockton On Tees TS18 1PL
Investment Highlights
- Central High Street position in Stockton-on-Tees, TS18 1PL
- Leasehold development opportunity
- Convenient access to shops, amenities and transport connections
- Substantial upper-floor commercial accommodation
- Ground-floor retail units are not included
- On-street parking
Executive Summary
A substantial leasehold commercial development opportunity occupying the upper floors of a prominent High Street property in central Stockton-on-Tees. The accommodation sits above two separately excluded retail units and requires complete renovation. It may offer scope for conversion or alternative reuse, including possible residential redevelopment, subject to planning, title, listed-building and other statutory approvals.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale, Redevelopment Project |
| Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale, Redevelopment Project |
Description
The sale comprises substantial leasehold upper-floor accommodation above two ground-floor retail units, which are expressly excluded.
Sale Notes
The premises require comprehensive renovation and refurbishment. A previous application proposed conversion into either five or seven self-contained flats, but the brochure says this was withdrawn following a change in the owner’s circumstances. Any redevelopment remains subject to planning permission, confirmation of the current consent position and, where applicable, Listed Building Consent. Prospective purchasers should rely on the legal pack and their own planning, title and condition enquiries before bidding.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 3,772 SF | Office | $81,290 ($21.55/SF) | - |
Unit 1
| Unit Size |
| 3,772 SF |
| Condo Use |
| Office |
| Price |
| $81,290 ($21.55/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 3,772 SF |
| Condo Use | Office |
| Price | $81,290 ($21.55/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale, Redevelopment Project |
| Description | |
| The sale comprises substantial leasehold upper-floor accommodation above two ground-floor retail units, which are expressly excluded. | |
| Sale Notes | |
| The premises require comprehensive renovation and refurbishment. A previous application proposed conversion into either five or seven self-contained flats, but the brochure says this was withdrawn following a change in the owner’s circumstances. Any redevelopment remains subject to planning permission, confirmation of the current consent position and, where applicable, Listed Building Consent. Prospective purchasers should rely on the legal pack and their own planning, title and condition enquiries before bidding. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,264 SF | Typical Floor Size | 2,425 SF |
| Property Type | Retail (Condo) | Year Built | 1850 |
| Property Subtype | Storefront Retail/Office | Tenancy | Single |
| Building Class | B | Lot Size | 0.15 AC |
| Floors | 3 |
| Total Building Size | 6,264 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 2,425 SF |
| Year Built | 1850 |
| Tenancy | Single |
| Lot Size | 0.15 AC |
Amenities
- Storage Space
1 1
Nearby Major Retailers
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148B High St
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