Office for sale in Rectory Lane, Guisborough TS14

Location

The property is situated within the market town of Guisborough. The site is bound by commercial uses to the east, south and west, and a social club and estate housing to the north. Guisborough is located 7 miles south east of Middlesbrough, and 5 miles south west of the popular seaside town of Saltburn by the Sea. The town is located on the periphery of the North York Moors.

Description

The site comprises a broadly rectangular shape, extending to approximately 2 acres. The site contains the main office accommodation, comprising of 41,050 sq ft (3,813 sq m) of gross internal floor space, and an outdoor car park with a total of 170 parking spaces. The site is shown edged red on the aerial photograph overleaf. The property will be vacated by Spring 2023. Access to the property is obtained via Hill View Road to the southern boundary.

Planning

Redcar and Cleveland Council have expressed a preference that the site will remain as commercial premises, however, alternative uses of the property will be considered. These include hotel and leisure, retail, and alternative commercial uses. Further planning enquiries should be made directly to Redcar and Cleveland Council.

Accommodation

All areas reflect the net internal area (NIA):

Ground Floor: 1,202 sq m / 12,398 sq ft

First Floor: 1,220 sq m / 13,130 sq ft

Second Floor: 1,213 sq m / 13,061 sq ft

Total: 3,635 sq m / 39,130 sq ft

Energy Performance Certificate

The property benefits from an EPC rating of C. A full copy of the Energy Performance Certificate is available upon request.

Tender Process

The property is available to let by way of a new full repairing and insuring lease at market rent for a term of
years to be agreed. Offers by way of informal tender are also invited for a long
leasehold interest at a one off premium. Offers for our Clients freehold interest could also be
considered. All offers should follow the procedure on the offer form attached, and should be sealed and clearly marked
Tender for Belmont House and sent by the deadline to:

Redcar and Cleveland Council
Democratic Services
Civic Centre
Ridley Street
Redcar
Yorkshire
TS10 1TD.

Further information on the tender process is available from the joint agents, Cushman & Wakefield and Thomas
Stevenson.

Offer Deadline Friday 16th December

Legal Costs

The successful applicant will pay 3.5% (+ VAT) of the purchase price or 15% (+VAT) of the headline rent agreed on completion.

VAT

VAT will be charged where applicable. All prices premiums and rents are quoting exclusive of VAT at the prevailing rate.

Rateable Value

The property has a rateable value of £287,500. For the exacts rates payable please contact Redcar and Cleveland Borough Council.

Viewing

Access to the site is strictly by appointment with the joint agents.

Paul Stevenson