The Old Powerhouse at Garden Cottage, Plawsworth, Durham, DH3 4EQ
0191 731 8660
| Property Type | Offices |
| Tenure | To Let / For Sale |
| Size | 9,539 sq ft |
| Price | Offers in excess of £600,000 |
| Rent | £100,000 per annum |
| Business Rates | £41,103.30 per annum *Estimated |
| Rateable Value | £74,060 |
| Energy Performance Rating | This property has been graded as C (58) |
Teesdale House is prominently situated on Westpoint Road within Teesdale Business Park, the premier commercial location in the Tees Valley. The business park sits on the south bank of the River Tees, a short walk from Stockton Town Centre, and benefits from excellent road communications via the A66 and A19, linking to the A1(M) and regional centres including Durham, Newcastle, and Leeds.
The property is exceptionally well-connected by public transport, with Thornaby Train Station just a 5-minute walk away (approx. 0.3 miles). The station provides regular direct services to Middlesbrough, Darlington, York, Leeds, and Manchester, making it highly convenient for commuters and business travel.
Nearby amenities include Teesside Shopping Park, located just 1.5 miles away, offering a wide selection of retail outlets, cafés, restaurants, and leisure facilities including cinema and bowling.
Teesdale House is a modern three-storey office building in an attractive waterside setting. Animal Trust Vets C.I.C has recently acquired the freehold and is currently refurbishing the ground floor to create a community veterinary hospital for their own use.
The first and second floors are now being offered for sale (by way of a new long leasehold) or to let, with a newly created glazed entrance providing independent access to the upper floors for future occupiers. This separate access leads into a dedicated lobby and lift area, ensuring a clear division from the veterinary use on the ground floor.
The current configuration of the upper floors provides a combination of bright functional open-plan and cellular office space. We understand the property is connected to all main services.
The accommodation comprises the following areas:
| Floor/Unit | sq ft | sq m |
|---|---|---|
| 1st | 6,476 | 601.64 |
| 2nd | 3,063 | 284.56 |
| Total | 9,539 | 886.20 |
On a sale basis, the property is being offered in its current condition, with the benefit of the newly created entrance, by way of a new long leasehold interest (for a term of years to be agreed). We are instructed to seek offers in excess of £600,000.
Alternatively, the space is available to let on a new effectively full repairing and insuring lease, with a quoting rent of £100,000 pax. This rent reflects a refurbished specification; however, the landlord is willing to offer generous incentives to instead enable the occupier to complete the fit-out to their own requirements, depending on lease terms and covenant strength.
A service charge will be payable to cover the cost of maintaining the building fabric and external the external common areas.
Teesdale House is currently assessed as a whole; however, the values attributed to the available floors total £74,060, making the estimated annual rates payable £41,103. This value should be treated as guidance only, as the building will be reassessed following completion of separation works. Interested parties should make their own enquiries with the Local Authority.
In accordance with current AML regulations, the successful purchaser or tenant will be required to provide proof of identity and address prior to agreement. Graham S Hall Chartered Surveyors will carry out appropriate verification checks on all relevant parties.
