Linthorpe Road, Middlesbrough

LOCATION

The premises are situated on the western side of Linthorpe Road between the junctions of Bedford Street and Baker Street in central Middlesbrough, close to the pedestrianised part of the town centra, and within 0.25 miles of Teesside University.

The area is home to a number of national and regional occupiers including McDonalds, Savers, Lloyds Bank and German Doner Kebab. Bedford Street and Baker Street with their numerous restaurants, micro-pubs and bars are close by.


DESCRIPTION

The building comprises an end-terraced three storey building of traditional brick construction under a pitched slate covered roof arranged to provide a ground floor retail unit with rear stores and ancillary rooms across the upper floors.

Most recently occupied as a bar and restaurant, subject to the necessary planning consents, the property is suitable for a variety of retail and commercial uses.

The building also offers potential for residential conversion across the upper floors.
ACCOMMODATION

The property has the following approximate areas:

Ground Floor Sales: 72.00 sq m ( 775 sq ft)

First Floor: 37.20 sq m ( 400 sq ft)

Second Floor: 103.80 sq m (1,117 sq ft)

Total: 213.00 sq m (2,292 sq ft)

RATING ASSESSMENT

The premises have a Rateable Value of £18,000. Interested parties should contact Middlesbrough Council for the exact rates payable.

PROPOSED TERMS

The premises are available to let on a new lease for a term of years to be agreed at an asking rent of £15,750 per annum.

The freehold premises are also available for sale with an asking price of £160,000.
VAT

The prices/rents stated are exclusive of VAT if applicable.

LEGAL FEES

Each party is to be responsible for their own fees in regard to this transaction.

VIEWING

Strictly by appointment

Subject to Contract.