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Grade a Riverside OFFICE SPACE SECOND FLOOR to LET Grade A Riverside OFFICE SPACE SECOND FLOOR TO LET 3,500 SQFT to 13,875 SQFT CAVENDISH HOUSE Princes Wharf Stockton-on-Tees TS17 6QY LOCATION London City. Since the airport was acquired by the Combined Authority in 2019 further 5,000 employees use destinations are being added and there are Stockton-on-Tees is a strategically located ambitious plans for further expansion.. Teesdale Business Park commercial centre with an urban area population of approximately 82,880 people and a district population of approximately SITUATION 191,000 people. Teesdale Business Park is situated on the Stockton-on-Tees is located approximately 58 kilometres (36 miles) to the south of southern edge of Stockton-on-Tees town Newcastle, 93 kilometres (58 miles) north centre, on the south bank of the River Tees. of Leeds and 175 kilometres (109 miles) The park has been developed since the mid north east of Manchester. Stockton-on-Tees 1990’s and is now regarded as the premiere benefits from good communications, lying 1.6 business park in the Tees Valley and consists kilometres (1 mile) to the east of the A19 and of approximately 46,450 sq m (500,000 sq ft) A66 intersection and has excellent access to of office, educational, leisure and residential the A1(M). development. It is estimated that approximately 5,000 people are employed on the park. Thornaby Railway Station lies adjacent to Teesdale Business Park and provides regular Other nearby occupiers include Barclays Bank services to Darlington and Middlesbrough. and Barclaycard, Santander, Standard Life, Mainline rail services are available at HM Revenue & Customs, the Environment Darlington Station approximately 24 Agency and Siemens. kilometres (15 miles) to the west and provide direct services to London Kings Cross to the Cavendish House has one of the best aspects south (2 hours 30 minutes) and Edinburgh to in the development, with stunning views the north (2 hours). over the River Tees towards the barrage. It is positioned adjacent to the Princess of Wales Teesside International Airport has scheduled Bridge linking the park with Stockton town services to Amsterdam, Aberdeen, Belfast and centre and the new Hampton by Hilton Hotel DESCRIPTION ACCOMMODATION Cavendish House was completed in 2002 The whole of the second floor is currently and comprises a modern four storey open available and can be let as a whole floor or plan office building with a full height glazed sub divided to create suites from 3,500 sq ft entrance atrium. upwards to 13,875 sq ft. The building has an “L” shaped design to CAR PARKING maximise the benefits of the river and canal frontages and provides some of the best There are a total of 57 car parking spaces office accommodation in the Tees Valley. available with the second floor. The ground and first floors are currently let to Cubic Transportation Systems Limited and LEASE TERMS the third floor is current let to the Tees Valley Combined Authority. The offices are available to let on a new full repairing and insuring lease for a term of years The office accommodation benefits from the to be agreed at a rental of £12.50 per sq ft. following: • Raised access floors RATEABLE VALUE • Generous floor to ceiling heights • Suspended ceiling with category 11 lighting The Second Floor is assessed for rating purposes at Rateable Value £118,000. • VRV air conditioning system • Two 10-person 800kg OTIS passenger lifts VAT • Male and female toilets on every floor • Full height glazed entrance and reception All prices and rentals quoted are exclusive of area Value Added Tax. • Concierge service • Shower facilities and secure cycle parking EPC • Generous on site parking ratio The premises have an EPC Rating in Band C. • Access to riverside walkways and cycle paths Refurbishment is planned to include: • New air conditioning • New carpets • New LED lighting FURTHER INFORMATION Disclaimer: These brief particulars have been prepared as agent for our client and are intended as a convenient guide to supplement an inspection or survey. Their accuracy is not guaranteed. They contain statements of opinion and in some in- For further information or to arrange a viewing stances we have relied on information provided by others. You should verify the particulars on your visit to the property and the particulars do not obviate the need please contact the sole agents: for a full survey and all appropriate enquiries. Accordingly, there shall be no lia- bility as a result of any error or omission in these particulars. June 2020. Ref 6752 Stephen Brown Richard Wilson M: 07973 732260 M: 07894 256309 Design & Production by Design 0191 284 1300 E: [email protected] E: [email protected].
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