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Mixed Use for sale

Newport Road, Middlesbrough, TS1

Under Offer £63,000

Property Description

Full description

COMMERCIAL PROPERTY FOR SALE IN MIDDLESBROUGH

FOR SALE BY THE MODERN METHOD OF AUCTION STARTING BID £63,000 PLUS RESERVATION FEE
The property is situated on Newport Road, close to Middlesbrough’s Hill Street Shopping Centre. Nearby occupiers within this parade include Specsavers, British Heart Foundation, Herbert Brown Jewellers, Nobles Amusements, House of Fraser and Debenhams Department Store. The property is opposite the main taxi rank and Bus Interchange.

The property comprises a three-storey end of terrace building of brick construction with duel pitch slate roof.

The ground and first floors offer open plan sales / studio accommodation, with kitchen on first floor mezzanine and stores on the second floor.


For Sale By Auction - Starting Bids £63,000
Accommodation
Ground floor sales 40.0 m2 (430 sq ft)
First Floor sales 46.3 m² (500 sq ft)
Second floor stores 47.5 m² (511 sq ft)
Total 133.8 m2 (1,440 sq ft)
Tenure
Freehold
Location
The property is situated on Newport Road, close to Middlesbrough’s Hill Street Shopping Centre. Nearby occupiers within this parade include Specsavers, British Heart Foundation, Herbert Brown Jewellers, Nobles Amusements, House of Fraser and Debenhams Department Store. The property is opposite the main taxi rank and Bus Interchange.

More information
For Sale By Auction
Starting Bids £63,000
Retail A1
Busy Location
Edge Of Town Centre
Ground, First and Second Floor Accommodation
Proposed Terms
The property is available for sale by auction at www.gnpa.co.uk where the interested applicants can place bids. Should the vendor wish to accept an offer, the property can be sold prior to the auction. Please remember to register your interest early to avoid disappointment.

RESERVATION FEE
Unless otherwise stated, the property is sold subject to a reservation fee. The reservation fee is calculated against the final negotiated selling price at 3.5% subject to a minimum of £5,000 plus VAT at the prevailing rate. The reservation fee does not form part of the final negotiated selling price, and is received on a non-refundable basis. Please contact Browns Commercial for further information.

Business Rates
Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.
VAT
All offers where made silent of VAT are deemed to be made exclusive thereof.
Viewing
By appointment through the Sole Agents, Browns Commercial Tel: 01642 607607
Notes
All measurements are approximate and are for guidance purposes only.


More information from this agent

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Browns, Stockton on Tees on 01642 677411.


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