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Confidential Address

£650,000

£44.24 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

14,692 sq ft

1,365 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: A1 Shops, B1 Business, B2 General Industrial and B8 Storage and Distribution

A1, B1, B2, B8

Key features

  • Long Running Business
  • Successful Business
  • 9.2% Yield
  • Huge Property
  • Great Location
  • On Site Car Parking
  • No Direct Approach

Description

Parker Barras are delighted to bring to the market this confidential property sale which is offered as a sale and leaseback.

The 14,692.34 sq ft. property which is owned and occupied by a local company which have been running for over 50 years has came to the market.

Located in a central postcode in the teesside are the property is in a prime location for investors.

The occupiers are offering a new lease to any prospect buyer on terms which can be seen below

Rent £60,000 Per Annum

Lease Term - 10 years

Break Clause - 5 Year

Person Guarantee From Business Owners

Further information is available upon a NDA being signed.

Strictly no direct approach to be made.

Confidential Address

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.3 miles
  • South Bank Station2.1 miles
  • Marton Station2.7 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront fees and offer a free no obligation market appraisal.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 194160599. 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 Parker Barras, Teesside. 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.

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