FOR SALE MIXED USE INVESTMENT

PICTURE HOUSE BUILDINGS, SOUTH VIEW, BILLINGHAM, TS23 1BTWWW.MANDALE.COM

AVAILABLE NOW

A66

A174

A689

A19

A10

27

A177

A1130

A1185

A1046

A13

5

A1045

A172

A1085

A171

Stockton-on-Tees

Middlesbrough

Portrack Ln

N ew Rd

Hav

ert

on Hill Rd

PICTUREHOUSE

BUILDINGS

LOCATIONBillingham is a town just north of the River Tees, in the borough of Stockton-on-Tees.Population 35,392 in the 2011 census.

DESCRIPTIONPicture House Buildings as its name suggests was formerly a cinema. It was transformedin the early 80’s to provide 6 ground floor retail outlets, a car showroom and a snookercentre. The development is situated just off the green in central Billingham.

GUIDE PRICEGuide Price – £600,000.00.

ACCOMMODATION

TENANT TYPE OF BUSINESS LOCATION SQ FT TERM COMM REVIEW BREAK FINISH RENT £ GENERAL NOTES

Butterwick Hospice Retail Ltd Charity Shop 1 Mill Lane 483 6 Years 1/1/14 1/1/19 None 31/12/19 3,000.00 Been here for over 30 years

Nicola Grieves Beauty Parlour 2 Mill Lane 273 3 Years 1/1/16 1/12/18 None 31/12/18 2,640.00 New Tenant

Angela Baldwin Gents Hair Salon 3 Mill Lane 280 10 Years 1/10/14 1/10/19 None 30/9/24 2,600.00 Been here for over 5 years

Amy Louise Wathey Ladies Hair Salon 4 Mill Lane 270 5 Years 1/3/16 1/4/21 None 28/2/21 2,600.00 New Tenant

Debra Holliday Sandwich Shop 5 Mill Lane 224 10 Years 1/4/15 1/4/20 None 31/3/25 2,600.00 Been here over 5 years

Rebecca Bester Laser Treatment 6 Mill Lane 278 3 Years 1/6/16 1/6/19 None 31/5/19 2,600.00 New Tenant

Nicola Ellen Parsons Micro Bar Ground 400 3 Years 1/5/16 1/5/19 None 30/4/19 5,400.00 New tenantPart Front invested in a fitout

Shaun Maddren Car Showroom Ground 2,900 3 Years 1/1/18 1/1/21 None 31/12/20 12,000.00 This has been a car show & Forecourt Side Part room for over 30 years

Simon Keay Fitness Club Part Ground, 4,300 5 Years 3/2/16 3/1/21 None 3/2/21 10,000.00 New tenantFirst & Second invested in a fitout

GROUND FLOOR FIRST FLOOR

LOWER GROUND SECOND FLOOR

UN

IT 1

UN

IT 2

UN

IT 3

UN

IT 4

UN

IT 5

UN

IT 6

CAR PARK

NICOLA E PARSONS

SHAUN MADDREN

UNITS1. BUTTERWICK HOSPICE RETAIL LTD2. NICOLA GRIEVES3. ANGELA BALDWIN4. AMY LOUISE WATHEY5. DEBRA HOLLIDAY6. REBECCA BESTERG. SHAUN MADDREN G. NICOLA ELLEN PARSONSF. SIMON KEAY

VIEWING DETAILSStrictly through the agents:

MandaleJoe DarraghT: 07973 908599E: joe@mandale.com

01642 605 514

IMPORTANT NOTICE: These details were compiled December 2017 and whilst every reasonable effort has been made by Mandale Business to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify byindependent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in theseparticulars (‘information’) may be relied upon as a statement of representation or fact. Mandale Business nor their Agents have any authority to make any representation and accordingly any information given is entirely without responsibility onthe part of Mandale Business or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to,or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer. lessee must satisfyhimself by inspection or otherwise as to the correctness of any information given.Bowmans Design & Print 0113 272 0088.