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Punch Street, Middlesbrough, North Yorkshire, TS1

Guide Price
£5,945,000

£168.13 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
SIZE AVAILABLE

35,360 sq ft

3,285 sq m

SECTOR

Industrial development for sale

USE CLASSUse class orders: B1 Business, B2 General Industrial, B8 Storage and Distribution and D1 Non-Residential Institutions

B1, B2, B8, D1

Key features

  • Freehold Investment For Sale £5,954,000.00
  • 23 Industrial units with great rent reviews to rpi uplifts
  • The estates are managed through a management company
  • Built and designed to a very high standard
  • Freehold

Description

We are delighted to present a unique chance to acquire our fully-let industrial park in Middlesbrough, UK.

A Proven Income Stream

The portfolio comprises 26 individual units, all fully managed by an external property management company to ensure a hassle-free experience for landlords. Collectively, the park generates a strong rental income of £381,000.00 per annum, with rental uplifts predicted to grow from 16% to 25% over the next five years, supported by reversionary rental growth and scheduled rent reviews at three and five years. Rental adjustments are RPI-controlled, ensuring steady and reliable returns.
Achieve a rental income increase, rising from £381,000.00 to approximately £440,050.00, all without the need to renegotiate existing tenant agreements!
A Future-Proofed Investment
Designed to cater to SMEs, start-ups, and expanding businesses, this park is ideally positioned to capture ongoing demand in the region's dynamic industrial market. With a track record of high occupancy and professional management already in place, this portfolio offers both stability and growth potential for forward-thinking investors.
Take advantage of this rare opportunity to invest in a robust and growing sector while enjoying hands-off management and significant future growth.

Sale price
We are expecting OIRO £5,945,000.00 + VAT

Brochures

Punch Street, Middlesbrough, North Yorkshire, TS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.8 miles
  • Thornaby Station2.2 miles
  • Billingham Station2.5 miles

About Mandale Group, Stockton On Tees

MANDALE HOUSE 5 Neville Road, North Tees Industrial Estate, TS18 2RD

For over 35 years, Mandale Group have been providing businesses with much needed, high quality commercial space.

Being the developer as well as the landlord gives us an advantage; increased responsiveness to the markets evolving needs.

When you contact Mandale Group you will be dealing direct with the landlord providing you with the benefit of our no-nonsense, easy approach to business space lettings.

Notes

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