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Cannon Street, Middlesbrough, North Yorkshire, TS1

Guide Price
£800,000

£177.78 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
SIZE AVAILABLE

4,500 sq ft

418 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: B1 Business, B2 General Industrial, B8 Storage and Distribution, D1 Non-Residential Institutions, Class E and sui_generis_1

B1, B2, B8, D1, E, sui_generis_1

Key features

  • Great Investment Opportunity, 3 Fully let Industrial Units FREEHOLD
  • HyBrid 2 storey Industrial Units fitted out to a great standard
  • Internal kitchen facilities and communal toilet facilities
  • Great location on a newly developed scheme adjacent to the A19 interchange
  • Fully managed by an Independant management company
  • Each property comes with an insurance backed defects warranty.
  • Can also be purchased for £800,000.00

Description

Mandale Park TS1 is a multi-let, high-quality industrial park located in Cannon Park, Middlesbrough, just minutes from the town centre. Positioned with excellent access to the A66 and A19, this prime location offers businesses outstanding transport links, making it an attractive base for tenants and a secure, high-yielding opportunity for investors.

With a current rental income of £48,000.00 per annum, the park is structured for steady growth. Rental uplifts of 16% to 25% are forecast over the next five years, reaching approximately £55,450.00 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.

Brochures

Cannon Street, Middlesbrough, North Yorkshire, TS1

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.9 miles
  • Thornaby Station2.1 miles
  • Billingham Station2.4 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

These notes are private, only you can see them.

Disclaimer - Property reference Cannoninvphase2units6to8. 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 Mandale Group, Stockton On Tees. 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.

Map data ©OpenStreetMap contributors.

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