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Newport Road, Middlesbrough, North Yorkshire, TS1

£140,000

Business rates & charges may apply

Parker Barras, Teesside
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SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • Tenanted Investment
  • Prime Location
  • Newly Refurbished
  • Long Standing Tenant

Description

47 Newport Rd, Middlesbrough TS1 1LB

The subject property fronts Newport Road in Middlesbrough, a large town, that holds a central position in the Teesside Conurbation approximately 30 miles south of Newcastle, 43 miles north of York and 13 miles east of Darlington.

The town provides a wide range of services and facilities to its resident population and to smaller surrounding towns and villages and benefits from good transport links, having a station on the TransPennine Express railway line with direct services to Liverpool, York and Manchester. The town centre is positioned adjacent to the A66 and is 1 mile east of the A19.

Surrounding properties are in predominantly retail use with the exception of Middlesbrough bus station opposite the property. Nearby occupiers include Burger King, Super Games World and Nail Icon. Further to the west at the pedestrianised centre of Middlesbrough is a number of national chains including Sports Direct, Footasylum and Barclays Bank





The property trades at Chintz hair salon and has had the same tenant since 1982. A new 5 year lease dated July 2024 at a rental of £12,000 per annum.



The property is a mid terraced unit across 3 floors. The ground floor is the hair salon, with the first floor used as offices and stores, the 2nd floor is storage.



The property is in good decorative order and has recently been rewired on the first floor with a new flat roof to the rear of the property.



Price £140,000

Newport Road, Middlesbrough, North Yorkshire, TS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.3 miles
  • Billingham Station2.6 miles
  • South Bank Station2.6 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

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Disclaimer - Property reference 210188704. 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.

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