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£2,750,000
Office/ Residential Development Opportunity
Freehold Office with Development Potential for conversion to 62 residential apartments (prior notification approval in place)
George Stephenson House is located within Teesdale Business Park, the premier office location in Stockton-on-Tees. Teesdale Business Park is strategically positioned south of Stockton town centre, providing an attractive mix of modern office developments, educational campuses, and a scenic riverside environment.
Teesdale Business Park has established itself as the principal office destination in Teesside, home to an array of national and international occupiers, including:
• Santander
• HM Revenue & Customs
• NECS
• Turner & Townsend
Prime location in Teesdale Business Park, Stockton-on-Tees
Modern 3-story office building
Total NIA: 39,430 sq ft (3,663 sq m)
167 car parking spaces (1:236 sq ft ratio)
RATING ASSESSMEN
Description RV Estimated Rates Payable
Offices and premises £315,000 £171,990
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI MONEY LAUNDERING
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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