This freehold mixed-use commercial and residential ground-rent investment comprises a substantial four-storey-fronted building with a central open-air courtyard, retail accommodation and vacant upper-floor offices identified for redevelopment. The asset is situated in Stockton-on-Tees town centre and is reported to produce £5,200 per annum in ground rent.

• Ground floor comprises multiple retail units with associated basements
• Upper floors comprise vacant offices targeted for redevelopment
• Building extends from front to back around a central open-air yard
• Freehold interest with ground-floor and basement shop leases stated as 999 years from 5 April 2015
• Upper-floor residential lease stated as 999 years from 5 October 2026, at a peppercorn ground rent
• Reported total ground-rent income: £5,200 per annum
• Internal inspection has not been carried out; areas are not specified

The freehold ownership offers an opportunity to manage the ground-rent interests and explore the potential associated with the vacant upper floors, subject to due diligence and planning considerations. Located in the town centre, the property is close to Stockton High Street and the ongoing waterfront regeneration area. Prospective buyers should review the legal documents and verify the lease and redevelopment details independently.