Linthorpe Road, Middlesbrough, North Yorkshire, TS1

LOCATION

The premises are situated on Linthorpe Road between the junctions of Waterloo Road and Victoria Road in central Middlesbrough, close to Teesside University and Campus.

The area is home to a number of national, regional and local occupiers including Tesco Express, Ladbrokes, The Swatters Carr - JD Weatherspoon, Iceland Supermarket, William Hill, Cha Cha Chai and Boro Bites.

DESCRIPTION

The premises form part of the Ground Floor of 'Linthorpe Hall 248' which is a high specification student halls development incorporating ground floor retail and leisure units under student accommodation on the upper floors.

The landlord is to install two glass shop fronts to the property in keeping with the adjacent occupiers and providing two self contained retail units with frontage to Linthorpe Road.

The property is suitable for a number of uses including general retail, leisure and restaurant/bar subject to planning and the necessary planning consents.

ACCOMMODATION

The property provides the following approximate floor areas:

Unit 1
Sales 176.79 sq m (1,903 sq ft)

Unit 2
Sales 176.79 sq m (1,903 sq ft)

Total 353.58 sq m (3,806 sq ft)

RATING ASSESSMENT

The property has not yet been assessed by the Valuation Office and therefore interested parties should contact Middlesbrough Council for the exact rates payable.
  
PROPOSED TERMS

Each unit is available to let on an FRI lease for a term of 10 years subject to upward only rent reviews every 5th anniversary at a rent of £18,000 per annum.

The property is available as a whole at an annual rent of £36,000.

SERVICE CHARGE

The property is subject to an annual service charge. The initial service charge will be calculated at £0.60 per square foot. Full details are available on request through this office.

VAT

The prices/rent quoted are exclusive of VAT if applicable.

VIEWING

Please contact Jack Robinson on

Email -

Subject to Contract