Commercial properties for sale in Dorchester Close, TS19
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Sorry, we currently do not have any listings for sale in 0 miles of Dorchester Close, TS19 - Please find below the nearest listings available.
Potential building plot for sale adjacent to Oxford Garage off Croft Road in Hurworth on Tees. The site is of generally rectangular proportions and extends to approximately 205sq.m. We understand that all mains services are available for connection and our client has taken pre-application advice from the Local Authority. Further information is available from the Agent on request.
Available Property Type Investment Availability For Sale Size 2279 sqft Energy Performance Rating This property has been graded as C 75
LOCATION Hartlepool, with a population of approximately 87,000, is located approximately 8 miles north of Middlesbrough. The town benefits from excellent road communications with the A689 dual carriageway providing direct links to both the A19 and the A1(M). The property is situated in a residential suburb, 1 mile south of Hartlepool. The store forms part of a local retail parade. Other occupiers include a butchers and newsagents.
KEY POINTS Located in a busy retail neighbourhood parade Good on street parking Let for 16.5 years with no breaks to Martin McColl Limited with a guarantee from McColl’s Retail Group Plc Total current rents reserved £22,148 per annum rising to £24,453 per annum on 18th May 2025 Fixed uplifts at 2% pa compounded throughout offering guaranteed future rental growth Net initial yield of 6% with a reversionary yield in May 2025 to 6.63%
Additional Information The unit forms part of a parade of three detached retail units with upper parts. The property itself is a two storey detached brick building under a pitched tiled roof. The store is arranged over the ground floor with ancillary and staff accommodation and part first floor. The remaining half is residential accommodation and is sold off on a long leasehold.
The premises benefits from good on street car parking from the neighbouring residential streets.
Ground - Sales 1,038 sq ft 96 sq m Ground/First - Ancillary 1,241 sq ft 115 sq m Total 2,279 sq ft 211 sq m
Tenancy The whole property is let to Martin McColl Limited for a term of 16.5 years from the 20th November 2018 on FRI terms and subject to fixed uplifts at 2% per annum compounded throughout. The passing rent is £21,500 per annum. The vendor will top up the rent to £22,148 per annum from completion until 18th May 2020 by way of a reduction in the purchase price.
Rental Uplifts YEAR RENT REVERSIONARY YIELD 18th May 2025 £24,453 pa 6.63% 18th May 2030 £26,999 pa 7.32%
Covenant McColl’s trade from over 1,600 stores throughout the UK with approximately three quarters of those being convenience stores and the remainder trading as newsagents. Their brands include McColl’s, Martin’s and R. S. McColl. For the year ending 26th November 2017 reported a turnover of £713.391 million, a pre-tax profit of £27.168 million and shareholder’s funds of £186.239 million.
The combined group has a turnover in excess of £1.1bn. It employs over 22,000 full and part-time staff and is visited by over 5 million customers every week. The company floated on the London Stock Exchange in 2014. Further information can be found at:
EPC The property has an EPC rating of C75. A copy of the EPC is available on our website.
VAT The property is elected for VAT which will be chargeable on the purchase price. It is anticipated the transaction is to be treated as a transfer of going concern (TOGC).
Proposal We are instructed to seek offers in excess of £355,000 (Three Hundred and Fifty Five Thousand Pounds) subject to contract for the freehold interest, which reflects a Net Initial Yield of 6% assuming purchaser's costs at 3.84%.
McColl's Convenience Store - Stockton Road. Well Secured Convenience Store Investment. Let to a 5A1 Covenant for 16.5 years with no breaks
Conversion/Development Opportunity Substantial detached office building adjacent town centre inner ring road. Accommodation arranged on three floors. Total NIA 28,466sq.ft. Site area approx. 0.82 acre. On site parking for approximately 65 cars PDR for 30 apartments on upper floors Potential for a further 15 apartments approx on ground floor (subject to change of use from D1) Potential for upper floors extension to provide an overall development of 65 apartments in principle Alternative uses including serviced offices/accommodation. Convenient access to all town centre amenities. Excellent transport links via A167, inner ring road linking regional and national motorway networks. Darlington main line railway station is approximately 1 mile distant. Tees Valley International Airport approximately 5.6 miles. Price on Application
Modern Office Investment Town centre offices situated adjacent to High Row affording modern office accommodation over three floors together with male and female WCs. The tenant has been in occupation since 2009 and the rent passing is £10,000 per annum, excl. Net Internal Area 1,347sq.ft.
The property comprises a two storey, above basement, terrace building, with a single storey extension to the rearelevation. The Green Inn has painted rendered elevations beneath a pitched tiled roof. Externally there is a beer garden to the rear elevation withseating on fixed wooden benches for 18 customers.
The property comprises a prominent, high quality, four storey block currently providing 18 two, three and five bed apartments with private parking. With minor alterations the building can be converted to provide 24 two and three bed apartments. Newly refurbished commercial/retail space producing additional income is located at ground floor level. The property occupies an enviable position being close to a diverse mix of uses including a broad retail and leisure offer along High Street to the east, along with The Teesside Retail Park which accommodates a range of national retailers located approximately 2.5 miles to the east.
- Excellent residential investment opportunity with additional commercial income - Passing rent £223,360 per annum (including guaranteed rent of £16,000 per annum) - Close proximity to town centre amenities and transport links - Fully furnished and well appointed throughout with onsite secure car parking - Offers IRO £1.7 million
For Sale - Residential Investment Opportunity in Stockton on Tees
The Town House, Skinner Street, Stockton on Tees, TS18 1DYGBStockton-on-Tees, Stockton-on-TeesDurhamTS18 1DYSkinner Street
1,398 sq ft (129.89 sq m) - Convenience Store: 877 sq ft (81.46 sq m) - First floor two bedroom flat Located in built up residential area Currently trading but available with vacant possession Convenience store fixtures and fittings included First floor two-bedroom flat (self-contained) Offers in region of: £125,000
70 HALF MOON LANE, SPENNYMOOR, COUNTY DURHAM DL16 6HQ FOR SALE WITH VACANT POSSESSION CONVENIENCE STORE & FIRST FLOOR 2 BED FLAT
Half Moon Lane, Spennymoor, DL16 6HQ
Type: Residential, General Retail, Retail - Out of Town, Trade Counter, Leisure Property, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities
The subject property comprises a three storey mid-terraced brick building that measures approximately 1,670 sq ft (155.15 sq m). The property formerly operated as a butcher and has a fully-glazed retail frontage onto West Dyke Road. Internally the ground floor of the property was previously used as a sales area with the upper floors used for goods production and storage. On the ground floor notable features include walk-in freezer storage space and a kitchen area.
- Retail property located in the seaside town of Redcar in North Yorkshire - Comprises a three storey mid-terraced brick building - Vacant posession
Type: General Retail, Retail - High Street, Retail
1 WEST DYKE ROAD, REDCAR, TS10 3EAGBRedcar and Cleveland, RedcarYorkshireTS10 3EA1, West Dyke Road
Situated adjacent to Tubwell Row in the heart of Darlington town centre, the property comprises a two storey retail premises with attractive window frontage, may suit a variety of uses. Internally the property is arranged to provide an open plan sales area with rear offices, stores and wc on the ground floor. The first floor has been un-used by our client for many years and may be suitable for a variety of re-development opportunities subject to reinstatement and obtaining the requisite planning consents.
Fronting the busy West Auckland Road the property comprises a two storey retail premises with attractive window frontage comprising open plan sales on the ground floor together with ancillary stores/development potential on the first floor. Externally there is a detached two storey brick built store that may be suitable for a variety of re-development opportunities subject to obtaining any requisite statutory consents.
20-22, West Auckland Road, Darlington, DL3 9EP
Type: Retail, Flat, General Retail, Retail - Out of Town, Residential
20-22 West Auckland Road, Darlington, DL3 9EPGBDarlingtonDurhamDL3 9EP20-22, West Auckland Road
The site extends to 1.07 acres (0.43 Ha), is roughly rectangular in shape and is previously undeveloped. It is bound by BMI Woodlands Hospital to the south, Jewson to the west, Toolstation to the north and an internal estate road to the east. It is proposed that access for any future development will be taken from the south eastern corner of the site.
Morton Park Way
Type: Land, Commercial Land
Morton Park Way, Darlington, DL1 4PLGBDarlington, DarlingtonDurhamDL1 4PLMorton Park Way
Situated adjacent to A167 (North Road) off Wooler Street. The site comprises a parcel of land extending to approximately 724sq.m. Surfaced with compacted hard standing and secured by steel perimeter fencing.
Wooler Street, Darlington, DL1 1RQ
Type: Land, Commercial Land
Wooler Street, DL1 1RQGBDarlingtonDurhamDL1 1RQWooler Street
Externally the block is of an attractive brick construction with period features and stylish windows. There are 10 one and two bedroom apartments which are all of a good size internally and are fitted with modern kitchens and bathrooms. The property has been recently refurbished and includes security doors with intercom system. Adequate street parking can also be found. ( Agency Pilot Software Ref: 2042703 )
The Almshouse 98, Dovecot Street, Stockton-On-Tees, TS18 1HA
Type: Land, Commercial Land
The Almshouse 98, Dovecot Street, Stockton-On-Tees, TS18 1HAGBStockton-on-Tees, Stockton-on-TeesDurhamTS18 1HA80, Dovecot Street
The property comprises a detached two storey building constructed in the late 19th century set beneath a series of pitched roofs. To the front is a single storey conservatory and porch, whilst to the rear is a single storey section. The property was extended and modernised substantially around 1999.
Also to the front is a surfaced car park which can accommodate 5 vehicles and running to the St Margaret Grove elevation is an enclosed garden. To both the front and St Margarets Grove elevation there are 2 double bay windows. ( Agency Pilot Software Ref: 2042700 )
Primrose Court Care Home, 241 Normanby Road, Middlesbrough, TS6 6SX
Primrose Court Care Home, 241 Normanby Road, Middlesbrough, TS6 6SXGBRedcar and Cleveland, MiddlesbroughYorkshireTS6 6SX219, Normanby Road
Established fish and chip shop/restaurant for sale The Right Plaice occupies a favourable pitch on the corner of Duke Street and Larchfield Street with heavy passing traffic in the heart of Darlington town centre. The Right Plaice affords an attractive opportunity to acquire this long established and highly regarded fish and chip shop fully equipped to trade and benefitting from an established customer base. Offers in the Region of £40,000 plus SAV (goodwill)
40, Duke Street, Darlington, DL3 7AJ
40 The Right Plaice, Duke Street, Darlington, DL3 7AJGBDarlingtonDurhamDL3 7AJ40, Duke Street
ADDRESS: 37 High Street, Redcar, Cleveland, TS10 3BZ • Let to Marks & Spencer-until March 2025 (no breaks) • Rent Review 2019 • Town centre trading position within pedestrianised zone • 16295 Sq. ft on ground and first floors LOCATION Redcar, with an estimated district population of 148,000, is a busy coastal town, some 10 miles north east of Middlesbrough, 30 miles East of Darlington and 19 miles south east of Hartlepool. Road communications are good, with easy access to the A19 at Middlesbrough, via the A174. Rail links to London Kings Cross. Teesside international airport is 20 miles away SITUATION The property is situated within the central pedestrianized zone on the north side of the High Street opposite Regents Walk Shopping Scheme. Occupiers close by include Boots (adjacent), Greggs, KFC, H Samuel Jewelers, W H Smith, Sports Direct and many other national retailers DESCRIPTION The property is arranged on ground and first floors to provide a large retail unit on the ground floor with ancillary accommodation above. The store has the benefit of a rear frontage to The Esplanade overlooking the seafront. ACCOMMODATION The property provides the following accommodation and dimensions: Gross Frontage (44' 7") Net Frontage (41' 8") Shop & Built Depth (max) (236' 4") Ground Floor Sales 8,845 sq. ft, First Floor 7450 sq. ft Total Sq. ft 16295 sq. ft The Esplanade - Gross Frontage (42' 10") TENANCY The entire property is at present let to MARKS & SPENCER PLC for a term of 16 years from 25th March 2009 at a current rent of £145,000 per annum, exclusive of rates. The lease provides for rent reviews on the fifth and tenth anniversaries of the term and contains full repairing and insuring covenants. The tenant is not presently in occupation. TENURE: Freehold VAT: Applicable PRICE: Offers in excess of £1500,000 – 9 % Net
Freehold Retail Investment Let to Marks & Spencers Plc – Redcar Tenant No Longer in Occupation
37 High Street, TS10 3BZGBRedcarNorth YorkshireTS10 3BZ37, High Street
Established hair and beauty salon for sale Phoenix Hair and Beauty has been owned and successfully ran by our client for 17 years developing an established local client base and enviable reputation. The salon provides a range of hair and beauty services and offers a unique opportunity for a hands on owner occupier to acquire this well established and highly regarded salon in Bishop Auckland. Offers in the Region of £35,000 plus SAV (goodwill)
131, Newgate Street, Bishop Auckland, DL14 7EN
Type: General Retail, Retail - High Street, Retail
131 Phoenix Hair and Beauty, Newgate Street, Bishop Auckland, DL14 7ENGBBishop AucklandDurhamDL14 7EN131, Newgate Street
The property comprises a purpose-built office accommodation located ideally near the major roads in and out of Middlesbrough. This business park is a mix of office and industrial units and is in close approximately to the town centre. Middlesbrough train station is within walking distance as is Middlesbrough bus station. Nearby occupiers include, Harkin Associates, Finance First, Fresh Step Recruitment, and Mobile Money Limited.
Storage/ Office for Sale
Type: Industrial, Office, Business park, Storage, Serviced office, Offices
Soft play Centre + 100 car parking spaces - The property was originally constructed as a detached factory unit but was converted in 2003 to a soft play centre and has traded as such since that time. The building is of traditional steel portal frame construction with brickwork and insulated profile steel cladding to the external walls and a double pitched roof of insulated profile steel sheet construction incorporating translucent rooflights. Internally the building has a clear height of 4.3m and the lowest point rising to 6.2m at the apex. The original office and toilet block has been adapted to now provide a series of party rooms and children’s toilets in addition to which the current occupiers have built a kitchen and servery area to cater for customers. Above the office and entrance area is a mezzanine floor which again is fitted out for party rooms and offices but could be suitable for a variety of other uses. Externally there is car paring to the front of the building providing 20 spaces in addition to which the ground to the side and rear of the property has been surfaced provide additional space for up to 80 cars, however is equally suitable for secure external storage / hardstanding. The premises benefit from all mains services including a three phase electricity supply. Heating to the office and WC areas is by way of a gas fired boiler serving panel radiators and to the soft play area by way of independent gas fired blower heaters. Lighting to the offices is by way of fluorescent strips and to the play area by way of low bay halide fittings.
Unit 23 Park View Road West, Park View Industrial Estate, Hartlepool, TS25 1PE
Type: Distribution Warehouse, General Industrial, Industrial Park, Retail Park, Warehouse, Industrial, Retail
Unit 23 Park View Road West, Park View Industrial Estate, Hartlepool, , Hartlepool, TS25 1PEGBHartlepool, HartlepoolDurhamTS25 1PEPark View Road West