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Land/Plot for sale, Prince Regent Street, Cleveland, TS18
Features and Description
- Awaiting EPCs.
- Council Tax - Commercial - Stockton Borough Council.
- Permitted Devlopment Opportunity
- Town Centre Location
- Car Park Adjacent
- Planning Permission Granted
- Planning Ref 18/0375/PDJ
- 22 One Bed Apartments
- 7 Two Bed Apartments
- Student Market
- 250 Year Lease To Be Granted
SALE PRICE EXCLUSIVE OF VAT** INVESTMENT OPORTUNITY **OUTLINE PLANNING PERMISSION FOR 29 APARTMENTS OVER 1ST 2ND AND 3RD FLOORS*TOWN CENTRE LOCATION. A fantastic opportunity to purchase this substantial property with planning permission to develop and convert this former office space to 29 apartments of varying sizes and shapes. Awaiting EPCs.Council Tax - Commercial - Stockton Borough Council.
Location
Regency West Mall is located in Stockton Centre on Prince Regent Street, with car park adjacent and a range of popular businesses below including micro pubs.
First Floor Floorplan
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Second Floor Floorplan
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Third Floor Floorplan
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Planning
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Planning ref 18/0375/PDJ, this can be found on the Stockton Planning Portal for further information and plans.
AGENTS NOTE
The Property is sold on a 999 year lease at a ground rent of £250 per flat(there are 29 flats) fixed through out the term.HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC. The administrative charge for this process is £35 plus VAT for a sole purchaser, £60 plus VAT for two purchasers and £70 plus VAT three or more purchasers.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Prince Regent Street, Cleveland, TS18
Additional Information
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Property refDAR180101
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TenureLeasehold
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Lease length995 years
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Local authorityStockton On Tees Borough Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Energy Efficiency Rating
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N/ACO2 Rating
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Not energy efficient - higher running costs