Location

Stockton on Tees is located approximately 4 miles west of Middlesbrough and 12 miles north east east of Darlington, forming part of the Teesside conurbation.

Castlegate Shopping Centre is the principal shopping location in the town accommodating key retailers such as Wilkinson, B&M, Iceland, Peacocks, Home Bargains and the towns’ indoor Market.

The subject property is situated at the heart of the scheme close to B&M, Jonathan James, Card Factory and Boots.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise	Sq. ft.	Sq. m.
Ground Floor Sales	1,107	0

The premises comprise the following approximate net internal floor areas:-

Rent

We are seeking rental offers in the order of £35,000 per annum exclusive. The rent quoted is exclusive of Service Charge and Rates

Tenure

The unit is offered on a new 10 year fully repairing and insuring lease, subject to an upwards only rent review at the end of year 5.

Business Rates

The Rateable Value of the unit in the rating list of April 2010 at £36,000. Rates payable will be £16,488 per annum based on the UBR of £0.458 (12/13).

Interested parties should satisfy themselves as to the rateable value and business rates payable by making their own enquiries with the Rates Department

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.