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6 Wellington St 1,495 SF Retail Building Stockton On Tees TS18 1NA $109,922 ($73.53/SF)
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)
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
$109,922
Price Per SF
$73.53
Tenancy
Single
Building Height
2 Stories
Frontage
22’ on Wellington Street
AMENITIES
- Security System
- Storage Space
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NEARBY MAJOR RETAILERS
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6 Wellington St
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