Shop for sale

24 Newport Road, Middlesbrough, Cleveland, TS1

£225,000
1,026 sq. ft.

Property Description

Commercial information

  • 1,026 sq ft (95 sq m)
  • Use class orders: A1 Shops

Full description

LOCATION
The property is situated on Newport Road, close to Middlesbrough's Hill Street Shopping Centre. Nearby occupiers within this parade include Specsavers, British Heart Foundation, Herbert Brown Jewellers, Nobles Amusements, House of Fraser and Debenhams Department Store.

DESCRIPTION
The property comprises a three-storey plus basement mid terrace building of brick construction.

The accommodation briefly comprises ground and first floors open plan sales accommodation, with kitchen and a WC on the second floor. A basement provides additional storage.

ACCOMMODATION
The accommodation provides the following approximate net internal areas:

Ground Floor Sales 95.31 m (1,026 sq ft)
First Floor Sales 94.38 m (1,016 sq ft)
Second Floor Staff/Storage 94.20m2 (1,014 sq ft)
Basement Storage 60.57 m2 (652 sq ft)


RATING ASSESSMENT
The premises are currently entered into the Valuation List at RV 22,000 and RV 500 basement. The current Uniform Business Rate for 2017/18 is 0.497 pence in the .

Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.

USE CLASS
The property is currently A1 (Shop) use under the Use Classes Order 1987.

The premise does have some restrictions in place in favour of the neighbouring property which prohibits the following:

- Gaming, including the installation of gaming machines
- Betting or Lottery
- The sale of alcohol
- The use of the property as a tanning salon

TERMS
The property is available by way of an effectively full repairing and insuring lease for a term to be agreed at a rental level of 22,500 per annum. Rent free incentives are available.

The property is also available freehold at 225,000 exclusive.

LEGAL FEES
Each party is to be responsible for their own legal fees incurred with any transaction.

VAT
Any references to price, premium or rent are deemed to be exclusive of Value Added Tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Rating is Band E (120).


More information from this agent

Nearest stations

  • Middlesbrough (0.2 mi)
  • South Bank (2.5 mi)
  • Billingham (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Middlesbrough (0.2 mi)
  • South Bank (2.5 mi)
  • Billingham (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference sale24NewportRoadMIDDLESBROUGH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connect Property North East Ltd, Stockton-On-Tees. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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