The Old Powerhouse at Garden Cottage, Plawsworth, Durham, DH3 4EQ
0191 731 8660
| Property Type | Offices |
| Tenure | To Let / For Sale |
| Size | 15,964 sq ft |
| Price | £1,000,000 |
| Rent | £11.50 per sq ft |
| Business Rates | £4.31 per sq ft |
| Rateable Value | £126,000 |
| VAT | Applicable |
| Energy Performance Rating | This property has been graded as C (58) |
Stockton-on-Tees is situated approximately 250 miles north of London, 58 miles north of Leeds and 35 miles south of Newcastle upon Tyne. The town is an important sub-regional centre and is a major focus for retail and leisure activity in the area.
Stockton is positioned at the intersection of the A19 and A66 Trunk Road, which provide easy access to the A1(M), approximately 15 miles to the west. Travelling via the A19, it is possible to connect to Leeds, York, Durham and Newcastle within one hour’s drive time.
The Teesdale Business Park is positioned to the east of the town centre, within the curve of the River Tees and is Tees Valley’s premier business location providing a mixed-use development that has successfully attracted a number of national and regional occupiers. Teesdale is accessed via the A66 and A19 trunk roads, which link to the nation’s transport network with the A1(M) (J57) being located only 4 miles west. In addition, Durham Tees Valley Airport is located 9 miles south west along the A66.
Teesside Shopping Park is located only 1.5 miles from Teesdale House and provides easy access to everything you need from high street and top branded fashion stores to homeware and electronics; from bowling to cinema, restaurants and cafés.
It is home to a number of retail chains including: M&S, Morrisons, McDonalds, Greggs, Costa, Next, T.K. Maxx and JD Sports to name a few.
The property comprises a modern, purpose-built office building over three storeys, with brick / block elevations under a pitched, hipped roof with tile covering and dormer windows. The uppermost floor is situated in the roof void.
The internal accommodation is set out to provide cellular and open plan offices, meeting rooms, stores, kitchen areas and WCs, alongside a well-appointed reception. Vertical access is via a passenger lift and stair to all floors. The building benefits from suspended ceilings and recessed lighting to the office areas, alongside a combination of perimeter radiator heating and air conditioning cassette units.
Externally, there is a large block paved car park providing 60 marked parking bays with a generous ratio of 1:266 sq ft.
| Name | sq ft | sq m |
|---|---|---|
| Ground | 6,425 | 596.90 |
| 1st | 6,476 | 601.64 |
| 2nd | 3,063 | 284.56 |
| Total | 15,964 | 1,483.10 |
The offices are available on a floor by floor basis, by way of new effective full repairing and insuring leases, for a term of years to be agreed between the parties.
The quoting rent is £11.50 psf per annum exclusive of business rates, service charge, VAT and all other outgoings.
Our client will consider offers in the region of £1,000,000 for the benefit of their Freehold interest.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made upon this basis and where silent, offers will be deemed net of VAT.
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
