Retail Property (high street) for sale

5 Gilkes Street, Middlesbrough, TS1 5ET

Under Offer 113 sq. m. | £200,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is situated in a prime corner position on Gilkes Street within
the prime retail area at the heart of Captain Cooks Square and adjacent
Linthorpe Road and the Cleveland Centre shopping mall. Neighbouring
occupiers include Cooplands Bakers, Ramsdens Pawnbrokers, Grainger
Games, Greggs & Ladbrokes.
DESCRIPTION
The property comprises a prime corner retail unit arranged as front and rear
sales areas, ground floor ancillary storage/prep room and ancillary first floor
storage and staff accommodation. The property is in need of updating and
refurbishment by an incoming tenant. The rear preparation area could be
incorporated into the sales space with some structural work.
ACCOMMODATION
Ground Floor Sales 36 sq m (385 sq ft)
Ground Floor Prep 26 sq m (279 sq ft)
First Floor Anc 18 sq m (197 sq ft)
Wc
Basement: 33 sq m (360 sq ft)
PROPOSED TERMS
The property is offered for sale with offers invited based on 200,000.
The property is available by way of a new lease for up to 25 years in
multiples of 5 years on tenant full repairing and insuring terms with 5 yearly
rent reviews.
Rental offers are invited in the region of 22,000 per annum exclusive.
A rent free period may be available subject to status.
LEGAL COSTS
Each party will be responsible for their own legal costs. A security deposit
may be required.
VAT
All rent/prices quoted are exclusive of VAT if applicable. We do not believe
VAT will be chargeable in respect of this property.
VIEWING
Strictly by appointment through this office
Neil Thomas
Email: neil@thomas-stevenson.co.uk
Mobile No: 07810 158328

Nearest stations

  • Middlesbrough (0.3 mi)
  • South Bank (2.5 mi)
  • Billingham (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas : Stevenson, Middlesbrough

26 College Square, Stokesley, North Yorkshire, TS9 5DN

01642 268003 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 (0.3 mi)
  • South Bank (2.5 mi)
  • Billingham (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas : Stevenson, Middlesbrough

26 College Square, Stokesley, North Yorkshire, TS9 5DN

01642 268003 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 5Gilkes_Middlesbrough_251016. 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 Thomas : Stevenson, Middlesbrough. 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.

Map data OpenStreetMap contributors.