£350,000

Office for sale

  1. Property photo 1 of 1.

Offers in region of

£350,000

(£135.98/sq. ft)

Office for sale

Wynyard Avenue, Billingham TS22

2,574 sq. ft

Local area information

Property location

Nearby amenities

  • Wolviston Primary School 0.8 miles
  • Northfield School and Sports College 1.1 miles
  • Billingham 2.3 miles
  • Stockton 4.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Modern Business Park offices with passenger lift
  • Totalling 2574 ft2 (239.12 m2) over 2 floors
  • Well-presented throughout
  • Immediate access to A19 and A1M via A689
  • 8 allocated parking spaces
  • Incentives available from only £11 ft2*
Location
Wynyard is a high-quality business park located immediately off the A19 providing unrivalled access to the regional road networks and also the A19 via the A689. Occupiers of note include North East Ambulance Service, Lorne Stewart, Everflow and Sofco amongst others.

Description
The well-presented property has been occupied by nfu Mutual for many years and is arranged over 2 floors with 8 allocated parking spaces. The building benefits from gas central heating throughout and a lift serves the first floor.

Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Offices NIA 1169 108.60

First Floor
Offices NIA 1405 130.52

total 2574 239.12

Externally
8 allocated parking spaces numbered (153-160)

Tenure
The property is subject to a long leasehold with service charge provisions.

Leasehold
A new Lease is available on rental incentive terms set out below. The lease is subject to usual estate service charge provisions. Subject to tenant status and a minimum 3-year lease commitment, the landlord is prepared to offer the following incentivised rental terms:-

Year 1 £28,500 pax (£11 per ft2)
Year 2 £30,900 pax (£12 per ft2)
Year 3 £33,500 pax (£13 per ft2)

Asking Price
Alternatively, the property is available for sale at offers in the region of £350,000 (three hundred and fifty thousand pounds) plus VAT.
VAT

Figures quoted exclude VAT where chargeable.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact Mario Jaconelli or Alexa Reavley


• Telephone Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £26,250. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref C4156 EPC Rating C

Agents Note
Please note the postcode adopted by the Valuation office for the property is TS22 5FG

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Teeside
  5. Billingham
  6. Wynyard
  7. Wynyard Avenue

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