Restaurant/cafe for sale in Yarm Lane, Stockton-On-Tees TS18, £115,000

115,000.00

Offer Nr.:
46992037
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Pattinson - Commercial
Phone(s):
0191 686 1492

* Two Storey Mid Terrace
* Restaurant To the Ground Floor
* First Floor Storage Space
* Busy Town Centre Location
* Freehold Title
* Total NIA 338. 2sqm (3, 640sqft)
**Summary**
For sale via online auction. Terms and conditions apply.
We are pleased to offer to auction this substantial two storey, mid - terraced
commercial property consisting of a ground floor restaurant with storage
above, excellently located along Yarm Lane, a busy commercial street through
Stockton - on - Tees town centre. Kilimanjaro currently occupies the ground floor
and trades as a restaurant and paying a rent of 850pcm (10, 200PA). First floor
is currently vacant.
**Location**
The subject property is ideally located within Yarm Lane, Stockton - on - Tees in
Cleveland. This is a well - established commercial and residential location with
a number of different services and facilities available. Yarm Lane itself
provides access into Stockton town centre and therefore has a high level
passing traffic and footfall, with excellent public transport links (with a
bus stop directly outside the property), and benefits from being on the same
street as many national retailers. The location is provided with good access
to the region via the A19 and A1.
**Accommodation**
Ground floor
Kilimandjaro:
Restaurant, kitchen and WC facilities.
NIA 189. 2sqm (2, 037 sq ft).
**First floor**
Storage: 12. 6m x 7. 2m (90. 7sqm)
Storage: 6. 4m x 5. 0m (32. 0sqm)
Storage: 4. 7m x 5. 6m (26. 3sqm)
W. C. And shower
NIA 149. 0sqm
Total building NIA 338. 2sqm (3, 640sqft)
**Tenure**
Freehold. Title number CE46019.
**Rateable Value**
The adopted rateable value is 9, 500 as of 1st April 2023.
Sourced from voa.
**Lease Details**
A 3 year lease was agreed 01 May 2022 at a rent of 850pcm (10, 200PA).
**EPC**
Available upon request.
**VAT**
We are advised that VAT is not applicable on this transaction.
**Additional Information**
For further information please contact our office direct on , or alternatively
via e - mail on . With regards to viewing the subject property, this is to be
done strictly by appointment through Keith Pattinson Commercial department.
Please contact us to arrange an internal inspection, or to register your
interest.

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