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12-13 St Peter's House Pavilion Shopping Centre, Thornaby, TS17 9EW

£ 42,500 pa / 2,200 sq ft
12-13 St Peter's House, Pavilion Shopping Centre, Thornaby - Picture 2022-01-26-12-53-17
Use Class

Use Class

E

Size

Size

2,200 sq ft

Rent pa

Rent pa

£42,500

Ground Retail / Restaurant Unit To Let

The property, formerly occuppied by Barclays Bank, provides a prominent corner position on the entrance to the Pavilion Shopping Centre in Thornaby town centre where retailers include Boots, Wilko, Card Factory, Subway and Greggs.

  • 315,000 sq ft of retail / leisure accommodation with 38 retail units

  • Anchored by Asda, Lidl and Wilko with other retailers including KFC, Card Factory and Boots

  • Open Air Shopping Centre - with 800 surface parking spaces

  • Catchment c. 52,000 (10 mins drive time) and c. 171,000 (20 minute drive time)

The property is situated at the entrance to the main pedestrianised area of the shopping centre development, fronting onto the main car park and has good visibility from Mitchell Avenue

Key Information

Viewing

Strictly by appointment with Savills or our Joint Agents at Thomas Stevenson.

Accommodation

2,200 Sq.Ft

The property is located on the ground floor with a Gross internal Area of 2,200 sq ft which can be extended to 2,750 sq ft.

Areas
Sq.Ft
Sq.M
Ground Floor - Gross Internal Area
2,200
204

Financial

Lease Type

New Lease

Lease Term

A new lease on terms to be agreed

Rent

Subject to contract, rental offers are invited in the region of £42500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Until April 2022 there is no rates payable for Class E uses. Interested parties are advised to verify any information provided regarding rateable values, rates payable and small business rates relief with the local authority

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

The service charge is £6,768 per annum.

Tenure

Leasehold

Rates

Rateable Value:
£39,000.00

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 06/07/2023