Property

Under Offer
Retail

Unit 2 Station Buildings, Saltburn by the Sea, TS12 1AQ

Constructed in 1862 the property comprises the former railway station buildings which have been converted to provide a Grade II Listed retail parade, totalling ten retail units.

The property is of masonry construction with cream brickwork and dressings, under a pitched Welsh slate roof with brick and ashlar chimneys. The central block (Unit 5) within the property has a portico with decorative plinths. The windows are cast iron and single glazed

LOCATION

Saltburn is a seaside town on the east coast of North Yorkshire, approximately 13 miles east of Middlesbrough.  The town forms part of the Redcar and Cleveland borough and has a population of approximately 6,000 (2011).

Saltburn is situated on the northern edge of the North Yorks Moors National Park. The A174 to the south of the town links to Middlesbrough to the west and along the coast to Whitby to the south east.

The nearest motorway is the A1(M), approximately 32 miles to the east, which provides access to Newcastle to the north and Leeds to the south. Saltburn railway station offers regular services to Middlesbrough, Darlington and Bishop Auckland.

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All figures quoted are exclusive of VAT where chargeable.

ACCOMODATION

The property has the following net internal area:

Ground floor retail –              40.6 sq m         (437 sq ft)

TERMS

The ground floor accommodation is available to let on effective full repairing and insuring terms at a rent of £11,000 per annum. All other lease terms are to be agreed by negotiation.

RATING ASSESSMENT 

The rating assessment currently appearing on the 2017 Valuation List is as follows: –

Description:  £5,500

The rating assessment currently appearing on the 2023 Valuation List is as follows: –

Description:  £5,800

The Small Business rate for the year 2022/2023 is 49.9 pence in the pound. Please contact the local authority to find out if you are eligible for a small business rates saving.

ANTI-MONEY LAUNDERING

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.

The Station Building hosts weekly and monthly markets and the annual Saltburn Food Festival which attracts over 20,000 people is centred on the Station Building.

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