Summary - THE USED FURNITURE AND APPLIANCE WAREHOUSE, PRINCE REGENT STREET TS18 1DF
1 bed 1 bath Light Industrial
Prime redevelopment site for investors seeking significant floorplate and parking.
Very large warehouse: approx. 10,680 sq ft (total c. 11,160 sq ft)
An expansive light-industrial warehouse and ancillary site in central Stockton-on-Tees, offered as a development opportunity. The building provides a very large open-plan warehouse (approx. 10,680 sq ft) with side offices/WCs, plus a first-floor self-contained flat and a separately rated car park generating regular pay-and-display income. The location sits between Stockton High Street and West Row, close to the town centre, mainline station and primary road links (A19/A66).
The property has clear redevelopment potential for continued industrial/commercial use, storage or a more intensive mixed-use scheme, subject to planning. Immediate positives include significant internal area (total c. 11,160 sq ft), a 0.5-acre site and off-street parking. Broadband and mobile connectivity are adequate, and the site is not in a flood risk area.
Important considerations: the building needs renovation — the main space has been removed from business rates and the site currently benefits from small business rates relief on the car park. The property has a history of varied uses (Royal Mail, nightclub) and includes a 2-bed flat that requires refurbishment. The surrounding area is described as very deprived with high crime levels and constrained neighbourhoods, which will affect end-use, letting risk and refinancing options.
This opportunity suits investors or developers comfortable with refurbishment, change-of-use or repurposing in an urban, central location. Early due diligence should focus on structural condition, services (electrical/plumbing), planning constraints, local market demand and the implications of area deprivation on rental yields and occupier mix.
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