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Retail Property (high street) for sale

4 Lealholm Crescent, Ormesby, Middlesbrough, TS3 0NA

119 sq. m.

Property Description

Commercial information

  • 1,280 sq ft (119 sq m)

Key features

  • Ground floor retail
  • Traditional frontage
  • Main sales 75.6m2
  • Total net internal area 119m2
  • Busy parade
  • Prominent position
  • Step rent
  • 13,000 per annum Headline rent

Full description

The subject property is a ground floor retail premises provided traditional frontage with window display and security shuttering over. Inside, the property has basic ceiling and wall finshes to the main retail area and there additional accommodation and staff facilities to the rear of what is essentially a rectangular unit. Interested parties should note that the property is also available to let at thirteen thousand five hundred pounds per annum exclusive. NET INTERNAL AREA. 119m2 (1280sqft).

The subject property is located within a prominent and popular location at Lealholme Cresent overlooking Ormesby Road in the Marton area of Middlesbrough. The property is set within a busy parade of retail units including a Boots Pharmacy and a variety of local traders.

MAIN SALES 75.6m2 (Depth 13.5m Width 5.6m) REAR ROOMS 43.4m2 WCs NET INTERNAL AREA. 119m2 (1280sqft).

The property has been assessed and allocated an adopted rateable value of 8,600.

The premises is currently let out on a 5 year lease. First year at 11,000 per annum. Second and third years at 12,000 per annum. The lease has a rent review/break clause at the third anniversary. The premises is occupied by a furniture/carpet retailer.

We currently await a copy of the energy performance certificate.

Map & Street View

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