£40,000 pa

Retail premises to let

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£40,000 pa

(£21.10/sq. ft. pa)

Retail premises to let

High Street, Yarm TS15

1,896 sq. ft

Local area information

Property location

Nearby amenities

  • Yarm School 0.2 miles
  • Egglescliffe Church of England Primary School 0.3 miles
  • Yarm 1.1 miles
  • Allens West 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Yarm to find out more about the local area.

Features and description

  • Highly visible location
  • Prominent position
  • Popular town centre
  • Available for £40,000 per annum
  • Rare opportunity
  • Ground floor retail unit
  • Ideally suited for restaurant use
  • Occupied for a number of years as Santoros
Location


The property is situated within the prime pitch on the desirable High Street in Yarm, a previous winner of the national ‘’Best High Street’’ award.

The town is home to a diverse range of retail, leisure and other businesses with major occupiers including Boots, Costa, Café Nero and Sainsburys together with a wide variety of independent retailers and boutiques, pubs and restaurants.

The property is situated in the centre of the town, opposite the Town Hall. Short stay car parking is available on the attractive cobbled High Street to the front of the property and in the long stay car park to the rear.
Description


The property provides a former restaurant occupied by Santoro for over 25 years and as a Chinese Restaurant for 20 years prior to this.

The property, arranged to provide a ground floor restaurant / sales area, kitchen / stores and WC, presents a rare opportunity on Yarm High Street and is suitable for a wide variety of retail, licensed or leisure uses subject to the necessary consents.

The rear stores provide a fully fitted kitchen including commercial ovens, pizza oven, fridge freezers, glass washer and dish-washer. The goodwill, fixtures and fittings are available to purchase with a £30,000 ingoing premium. A full list of F&F are available on request from Thomas Stevenson.

Externally the property benefits from communal private car parking and bin storage to the rear.
Accommodation


The property comprises the following approximate floor areas:

Sales Area / Restaurant: 131.78 sq m (1,418 sq ft)

Stores / Kitchen: 44.40 sq m ( 478 sq ft)
WC

proposed terms


The property is available to let on a new effectively full repairing and insuring lease for a term of years to be agreed with rental offers invited in the region of £40,000 p.a.
Rateable value


The property has a rateable value of £42,250 however this includes part of the first floor. Interested parties should therefore contact Stockton Borough Council to confirm the exact rates payable.
Legal costs


Each party is to be responsible for their own legal costs incurred in the transaction.
VAT


All prices/rentals are exclusive of VAT if applicable.
Viewing


Strictly by appointment through this office.

Contact

Jack Robinson / Paul Stevenson

Tel: Email –
Subject to contract

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Thomas Stevenson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Thomas Stevenson for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. North Yorkshire
  4. Yarm
  5. High Street