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Investment Highlights

  • Let to an individual trading as Cafe 18 until December 2026
  • Situated within a well established local shopping precinct
  • Located adjacent to the 780 home Meadow Rise Housing Development
  • Annual RPI linked rent reviews
  • Excellent road connections

Executive Summary

High Newham Court comprises a parade of retail units formed around a central courtyard. The building is of masonry construction and provides ground floor retail accommodation and residential space on the floors above. The building is arranged over three floors. High Newham Court is a local neighbourhood shopping centre located in Hardwick, North West of Stockton town centre.

Property Facts

Total Property Size 8,901 sq ft
Property Type Retail
Property Subtype Shopfront Retail / Residential
Costar Property Class B
Floors 3
Typical Floor Size 8,901 sq ft
Year Built 1981

Amenities

  • Roller Shutters

2 Units Available

Unit 14

Unit Size 1,661 sq ft
Price £75,000
Price Per sq ft £45.15
Unit Use Retail
Sale Type Investment
Tenure Long Leasehold
Description

The property comprises a retail unit arranged on the ground floor and forms part of a larger retail parade with residential flats on the floors above, which are not included in the sale.

Sale Notes

Virtual Freehold. Held for a term of 999 years at a peppercorn ground rent.

Unit 18

Unit Size 777 sq ft
Price £50,000
Price Per sq ft £64.35
Unit Use Retail
Sale Type Investment
Tenure Long Leasehold
Sale Conditions Auction Sale
Description

The property comprises a retail unit arranged on the ground floor and forms part of a larger retail parade with residential flats on the floors above, which are not included in the sale

Sale Notes

Lot 40 is available for sale at an Acuitus online auction to be held on Thursday 26th March 2026.
The property comprises an virtual freehold investment opportunity for sale.
The asking price is £50,000, representing a gross initial yield of 13.41%.

Floor Plan
View Photo Floor Plan

Nearby Major Retailers

JD Gyms
Tesco Extra
Lidl
Sainsbury's
Morrisons
Starbucks
Nisa
  • Listing ID: 39744953

  • Date on Market: 12/03/2026

  • Last Updated:

  • Address: 3-20 High Newham Ct, Stockton On Tees TS19 8PD

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