Brighouse Business Village, Brighouse Road, Middlesbrough, North Yorkshire, TS2
£9.89 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
141,570 sq ft
13,152 sq m
- SECTOR
Commercial development for sale
Key features
- Excellent Transport Links
- Riverside Frontage
- Busy Commercial Estate
- Prime Development Land
- Mixed Use Approval
Description
An exceptional opportunity to acquire 3.25 acres of prime development land located on Riverside Park Road, Middlesbrough, with the potential to deliver impressive returns through a variety of development projects, including Build-to-Rent (BTR), commercial, and mixed-use schemes.
Key Features:
Strategic Location: Situated with easy access to the A66, A19, and local train stations, the site benefits from excellent connectivity. Riverside Park Road is part of a thriving business community with surrounding shopping centres, restaurants, and recreational facilities.
Planning Permission Approved:
3-storey office block: 1,642m² / 17,674 ft²
Single-storey light industrial buildings: 4,297m² / 46,252 ft²
91 car parking spaces
Full planning permission has been granted, allowing for immediate development.
Build-to-Rent (BTR) Potential: The site is ideally suited for residential rental developments, with high demand for BTR schemes in the local area, positioning it for strong returns on investment.
Rental Income Potential:
Office Space: 17,674 ft² at £11 per ft² = £194,414 annually
Industrial Space: 46,252 ft² at £5.50 per ft² = £254,386 annually
Total Potential Rental Income: £448,800 annually
Strong ROI: Based on the potential rental income of £448,800 per year, the ROI for this development is approximately 32.06%, (before build cost) offering significant returns on a £1.4 million investment.
Investment Highlights:
Prime Location with strong local demand, ongoing regeneration, and access to major roads.
Flexible Zoning ideal for office, industrial, or residential development, offering multiple income streams.
High Growth Potential driven by local economic expansion and development projects.
Planning Permission already in place, ready for immediate development.
For full planning details, visit the Middlesbrough Council Planning Portal (Application number M/FP/0982/10/P).
Contact Information:
Brochures
Brighouse Business Village, Brighouse Road, Middlesbrough, North Yorkshire, TS2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station1.0 miles
- Billingham Station1.6 miles
- Thornaby Station2.8 miles
Notes
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