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Stapylton Street, Middlesbrough, North Yorkshire, TS6

£525,000

£464.60 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

1,130-9,339 sq ft

105-868 sq m

SECTOR

Industrial development for sale

USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

B1, B2, B8

Key features

  • Freehold Ownership
  • Established Tenants
  • Significant rent uplift potential
  • High Demand Location
  • Fully Let

Description

FOR SALE: 7 Light Industrial Units - Stapylton Court, Middlesbrough, TS6 7BJ Freehold | £525,000 | Significant Rent Uplift Potential - Up to 12.3% Return

A rare and rewarding investment opportunity - seven light industrial units located at Stapylton Court, Middlesbrough, on the doorstep of Teesworks, the UK's largest industrial development. With direct access to the A66 and excellent links to the A19, the site benefits from a prime strategic position.

Key Highlights:

* Freehold Ownership - Held for 20 years with hands-off day-to-day management

* Established Tenants - Long-term occupiers, some for over 15 years

* Current Income £33,760pa - Significant rent uplift potential of up to 12% yield

* High Demand Location - Benefitting from ongoing regional industrial growth

* Excellent Connectivity - Immediate access to A66 with links to A19 and beyond

* Suitable for SIPP Investment

Fully let and generating solid returns, this property offers a hassle-free investment with strong fundamentals and significant potential for value uplift.

It is estimated that the income for the site could exceed £65,000pa.

Unit 1: 1,377 sq ft / 128 sq m

Unit 2: 1,377 sq ft / 128 sq m

Unit 3: 1,377 sq ft / 128 sq m

Unit 4: 1,130 sq ft / 105 sq m

Unit 5: 1,130 sq ft / 105 sq m

Unit 10: 1,571 sq ft / 146 sq m

Unit 11: 1,377 sq ft / 128 sq m

Total: 9,339 sq ft / 868 sq m

£525,000

** Please note all red line drawings are for illustrative purposes only and only the title plan(s) will show the official boundaries

Stapylton Street, Middlesbrough, North Yorkshire, TS6

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • South Bank Station0.9 miles
  • British Steel Redcar Station2.7 miles
  • Marton Station3.0 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront fees and offer a free no obligation market appraisal.

Notes

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Disclaimer - Property reference 218234771. 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 Parker Barras, Teesside. 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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