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Cannon Street, Middlesbrough, North Yorkshire, TS1

Guide Price
£5,400,000

£154.29 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
SIZE AVAILABLE

35,000-40,000 sq ft

3,252-3,716 sq m

SECTOR

Business park for sale

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

B1, B2, B8, sui_generis_3

Key features

  • 23 Fully Let Industrial Units with a rental of £381,000.00 rising annually to rpi
  • Offers in the region of £5,400,000.00 will be considered yielding around 7%
  • The estate is ran by a management company covered by the service charge
  • Lots of free car parking and 24 hour security
  • Freehold

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.

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.

With an asking price of OIRO £5,400,000 + 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. Don't miss this chance to secure a high-performing, hands-off investment with significant future growth potential.

Cannon Street, Middlesbrough, North Yorkshire, TS1

Approximate location

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

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Disclaimer - Property reference CannonParkINV. 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.

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