68 Queensway Queensway, Billingham, TS23 2LU

£ 22,500 pa / 1,152 sq ft
68 Queensway, Billingham Town Centre - Picture 1
Use Class

Use Class

E(a)

Size

Size

1,152 sq ft

Rent pa

Rent pa

£22,500

Description

The town centre has benefitted from around £2.5m worth of investment in the public realm over the last year and a new library and customer service centre fronting Town Square opened in January 2015.

Retail anchors include Argos, Asda, Boots, B&M, Poundland and M&Co, whilst JD Wetherspoon opened in Summer 2014.

Key Information

Viewing

Strictly by appointment with Colliers International or alternatively through our joint agents, Sanderson Weatherall.

Accommodation

1,152 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
1,152
107.02

Financial

Lease Type

New Lease

Lease Term

All new leases are available by way of a new lease on effective FRI basis for terms to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £22500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Service charge

Please contact the letting agents for details of the service charge applicable to each property.

This unit is part of Billingham Town Centre

Billingham Town Centre

Billingham town centre is a 320,000 sq ft open air retail scheme. Billingham is part of the Tees Valley Economic area, home to the largest integrated chemical complex in the UK. It’s reputation and continued strength in these international markets has allowed the town to retain a loyal and secure residential population who regularly shop in the centre and are benefiting from the recent investment in the town centre and surrounds. This investment is clearly visible and includes new private residential development immediately adjacent to the town centre in addition to the 2.35 million pound public realm, 2.2 million pound new library, refurbished Forum leisure centre and theatre regeneration. The town delivers a quality convenience and comparison retail offer to a relatively low mobile catchment population. The town’s position in the hierarchy of local, district and town centres within the Tees Valley is changing as evidenced by the increasing patient numbers attracted to the dental surgery, visitor numbers to the Forum and the commitment and investment by Aldi in their market leading value food store due to open in 2016. The Town Centre was purchased in late 2014 by St. Modwen, the UK’s leading Regeneration specialist. St. Modwen has a proven track record of asset management and regeneration of town centre schemes across the country. Billingham town centre is managed in-house by an experienced on site Town Centre Manager together with support from St. Modwen’s Leeds office. Anchor retailers - Asda, Argos, B&M, Boots, Boyes, Iceland, M&Co, Poundland, Select, JD Weatherspoon, with a new 16,500 sq ft Aldi opening 2016. Billingham Town Centre provides the town with famous national retail chains such Asda, Greggs, Iceland and Argos, as well as restaurants, cafes, health centre, library, estate agents and banks, with a market featuring in the centre every Monday and Friday. At the East of the centre is the Forum which has a major pull throughout the north east for the Swimming Pool, Ice Rink, Theatre and other facilities.

ColliersConnect Property North East

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 30/06/2022