Concorde Way
Stockton On Tees TS18 3RB
Stratstone Land Rover Stockton · Retail Property For Sale

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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%

ATTACHMENTS

stockton

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
  • 159’ on Concorde Way
  • 106’ on Avro Close
159’ on Concorde Way

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Security System
  • Storage Space

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 21603248

  • Date on Market: 11/26/2020

  • Last Updated:

  • Address: Concorde Way, Stockton On Tees TS18 3RB

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