Concorde Way
Stockton On Tees TS18 3RB
Stratstone Land Rover Stockton · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime car dealership housing the Jaguar and Land Rover brands
- 11.0 years unexpired on the lease
- Annual rent reviews to RPI capped at 2.77%
- Let to subsidiary of the UK’s third largest dealer group
- Current passing rent of £441,378 p.a.
- Net Initial Yield of 7.28%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
24,780 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
3.56 AC
Parking
250 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Security System
- Storage Space
