Office to let in Cavendish House, Prince's Wharf, Stockton-On-Tees TS17

Key Points

Description

Cavendish House was completed in 2002 and comprises a modern four storey open plan office building with a full height glazed entrance atrium.

Part second and part third floors are currently available.

The building has an “L” shaped design to maximise the benefits of the river and canal frontages and provides some of the best office accommodation in the Tees Valley. Tenants include Cubic Transportation Systems Limited, gmi Construction and Unitel.

Location

Teesdale Business Park is situated on the southern edge of Stockton-on-Tees town centre, on the south bank of the River Tees. The park has been developed since the mid 1990’s and is now regarded as the premier business park in the Tees Valley and consists of approximately 46,450 sq m (500,000 sq ft) of office, educational, leisure and residential development. It is estimated that approximately 5,000 people are employed on the park.

Other nearby occupiers include Barclays Bank and Barclaycard, Santander, Standard Life, hm Revenue & Customs, the Environment Agency and Siemens.

Cavendish House has one of the best aspects in the development, with stunning views over the River Tees towards the barrage. It is positioned adjacent to the Princess of Wales Bridge linking the park with Stockton town centre and the new Hampton by Hilton Hotel.

Terms

The offices are available to let on a new full repairing and insuring lease for a term of years to be agreed at a rental of £12.50 per sq ft.

Specifications

The office accommodation benefits from the
following:
• Raised access floors
• Generous floor to ceiling heights
• Suspended ceiling with category 11 lighting
• vrv air conditioning system
• Two 10-person 800kg otis passenger lifts
• Male and female toilets on every floor
• Full height glazed entrance and reception area
• Concierge service
• Shower facilities and secure cycle parking
• Generous on site parking ratio
• Access to riverside walkways and cycle
paths

Refurbishment is planned to include:
• New air conditioning
• New carpets
• New LED lighting