Retail Property (high street) for sale

4 Lealholm Crescent, Ormesby, Middlesbrough, TS3 0NA

119 sq. m. | £115,000

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).

LOCATION
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.

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

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

LEASE TERMS
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.

EPC
We currently await a copy of the energy performance certificate.

Nearest stations

  • Marton (0.5 mi)
  • Gypsy Lane (1.2 mi)
  • Nunthorpe (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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

  • Marton (0.5 mi)
  • Gypsy Lane (1.2 mi)
  • Nunthorpe (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 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 3266. 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 Pattinson Estate Agents, Commercial. 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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