Exchange House, Exchange Square, Middlesbrough, North Yorkshire, TS1 1DB
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 24TH SEPTEMBER 2025.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
Substantial Freehold Town Centre Redevelopment Opportunity - Vacant 49,000+ sq ft Commercial Building with Adjacent Car Park.
A rare opportunity to acquire a significant freehold commercial premises in the heart of Middlesbrough town centre. Extending to approximately 49,014 sq ft across six levels (basement, ground, and four upper floors), Exchange House offers scope for redevelopment or refurbishment, subject to planning. The whole property is vacant and requires full renovation, making it ideally suited for conversion to residential apartments, or a mixed-use scheme with ground floor commercial units and residential accommodation above.
Included in the sale is the Wood Street Car Park, directly to the rear of the building, extending to approx. 0.29 acres and also vacant - providing valuable additional space for parking, development, or amenity use.
Exchange House occupies a prominent position in Exchange Square, a well-connected part of central Middlesbrough just moments from the railway station, local bus routes, and a range of shops, cafes, and public services. The area is undergoing wider regeneration, offering strong future potential.
Key Features:
Freehold building totalling approx. 49,014 sq ft.
Arranged over basement, ground, and four upper floors.
Vacant possession throughout.
Includes 0.29-acre private car park (Wood Street).
Significant redevelopment or investment potential (STP).
Excellent central location near shops, services, and transport.
An exciting opportunity for developers, investors, or those seeking a landmark project in a revitalising urban area.
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Middlesbrough Council, PO Box 500, Middlesbrough, TS1 9FT. Phone: .
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD AND CLOSES ON WEDNESDAY 24TH SEPTEMBER.
3. Energy Performance Certificate = E
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Approx Site Area
Exchange House site area: 0.15 hectares (0.26 acres)
Wood Street Car Park site area: 0.11 hectares (0.29 acres)
Total: 0.26 hectares (0.65 acres)
Exchange House, Exchange Square, Middlesbrough, North Yorkshire, TS1 1DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station0.1 miles
- South Bank Station2.2 miles
- Billingham Station2.7 miles
Notes
Disclaimer - Property reference 119929FH. 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 PUGH & COMPANY LIMITED, Manchester. 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.
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 PUGH & COMPANY LIMITED, Manchester on 01942 559576.
*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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