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Stonehouse Street, Middlesbrough, North Yorkshire, TS5

£550,000

£104.58 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

5,259 sq ft

489 sq m

SECTOR

Light industrial facility for sale

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

B1, B2, B8

Description

For Sale: Investment / Development Opportunity, Stonehouse Street, Middlesbrough, TS5 6HR

The majority of the property is let at a rental of £25,000 per annum for 6 years 11 months from November 2022. The rent increases to £27,000 Per annum in October 2025 and then £30,000 in October 2026 There is no break clauses. We understand the property is currently sublet and includes various workshops, a car sales forecourt and kitchen equipment retailer and an embroidery and printing shop

The part of the site on Emmerson Street has planning for 6 industrial units Planning Ref: 25/0074/FUL

Office 66.64sq m / 717 sq ft

Store 140.05 sq m / 1507 sq ft

Workshop 125.24 sq m / 1348 sq ft

Store 46.96 sq m / 505 sq ft

Store 89.63 sq m / 964 sq ft

Store 20.31 sq m / 218 sq ft

Total 488.83 sq m / 5259 sq ft

Total Site Area 0.56 acres.

0.28 acres hardstanding

Freehold £550,000

Please note buyers will be liable to make a contribution of 1% of the sale price for surveyors fees.

** Please note all red line images are for illustrative purposes only and are only there to provide a brief understanding on the property, they may differ slightly to exact boundaries on title plans

Stonehouse Street, Middlesbrough, North Yorkshire, TS5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station1.3 miles
  • Marton Station2.1 miles
  • Thornaby Station2.4 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 220950126. 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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