Mandale Park Punch Street, Middlesbrough, North Yorkshire, TS1
£170.87 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,000-10,000 sq ft
743-929 sq m
- SECTOR
Industrial park for sale
- USE CLASSUse class orders: A2 Financial and Professional Services, B1 Business, B2 General Industrial, B8 Storage and Distribution and D1 Non-Residential Institutions
A2, B1, B2, B8, D1
Key features
- Brand New Freehold Investment for sale with a £82,000.00 pa rental
- 5 Fully Let Industrial Units
- Offers in the region of £1,366,940.00
- The building has a 10 year insurance backed defects building warranty
- Excellent location situated at the A19 junction Middlesbrough
Description
With a current rental income of £82,000.00 per annum, the park is structured for steady growth. Rental uplifts of 16% to 25% are forecast over the next five years, reaching approximately £95,300.00 per annum. Scheduled rent reviews at years three and five, along with RPI-controlled adjustments, ensure a stable and predictable increase in return - all without the need to renegotiate existing lease agreements.
Mandale Park TS1 is professionally managed by an external property management company, allowing investors to enjoy passive income with minimal involvement. The site's established reputation, combined with its high-quality design and modern facilities, secures long-term appeal for businesses looking for well-located, fully fitted premises.
Strategically positioned in one of Middlesbrough's key commercial zones, Mandale Park TS1 has become a hub for businesses seeking premium industrial space. The strength of the region's industrial market, coupled with the development's strong occupancy history, ensures continued demand and long-term capital growth potential.
With an asking price of OIRO £1,366,940.00 + VAT, this is a rare opportunity to acquire a fully-tenanted, income-generating portfolio in one of the North East's most dynamic industrial locations.
Brochures
Mandale Park Punch Street, Middlesbrough, North Yorkshire, TS1
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 2RDNotes
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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 Mandale Group, Stockton On Tees on 01642 056927.
*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.”
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