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SOLD STC

Britannia House, Riverside Park, TS2 1PS

£260,000

£61.90 per sq. ft.

Business rates & charges may apply

Trans-Britannia Properties Limited, Rugby
SIZE AVAILABLE
4,200 sq. ft.
(390 sq. m.)
SECTOR
Office for sale

Key features

  • PRICE - £260,000
  • INCOME - £23,400
  • YIELD - 9%
  • Long leasehold - 125 years from 1989
  • Ideal SIPP/SASS purchase

Property description

Middlesbrough is located in the Tees Valley region and was recently named one of the
top 10 small Cities in Europe by the Financial Times. It has a growing population and a
highly skilled workforce and many residents are employed within the area. The locality
has recently undergone significant financial and infrastructure investment. In March
2021, as part of the Spring Budget, Tees Valley was announced as one of the first
places to get Freeport status under the new Government policy to create Freeports
across the country. Covering 4,500 acres, the Teesside Freeport is the largest in
the UK. It will create more than 18,000 jobs and provide a £3.2billion boost to the
local economy over the next five years. Riverside Business Park is set to benefit
from this investment and recent developments include the TeesAMP attracting top
tier sunrise industries, together with the town centre regeneration initiatives and a
planned £35m investment into the station and local rail network. Britannia House is
located on the well-established Riverside Park Industrial Estate immediately to the
north of Middlesbrough town centre. The business park has a strong mix of office,
light industrial and distribution units. The estate is well situated adjacent to the A66
and is approximately half a mile from the A19 York to Newcastle main arterial road.
Middlesbrough Station is within a 5-minute drive and connects to London in 2 hrs 45
mins. Teesside International Airport is 11 miles to the west.

Brochures

Britannia House, Riverside Park, TS2 1PS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.6 miles
  • Billingham Station2.0 miles
  • South Bank Station2.6 miles

Notes

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Disclaimer - Property reference REIBritanniaHouse. 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 Trans-Britannia Properties Limited, Rugby. 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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