Mandale Park, Cannon Street, Middlesbrough

Guide price

£1,250,000

Size

5,000 - 8,000

Tenure

Freehold

EPC

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Parking

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Spaces

1

Space
Space use
Size
Investment
Commercial development
1,550
Size
Primary use
Commercial development
Other use(s)
Light industrial
Condition
Full fit out

Key features

  • Investment for sale , Comprising of 5 separately let industrial units . Freehold
  • The rental is £83,483.63 plus vat per annum . Sales Price £1,250,000.00 plus vat . The transaction can be sold by way of a TOGC if a purchaser is vat registered.
  • The rent review pattens are omv or rpi the higher of which guarantees a rental uplift which is annually compounded.
  • The Business park is fully managed by an independent management company which is paid for through a service charge of £1,000.00 per annum from each tenant.
  • The Business Park is in an excellent location on a main junction of the A66 and A19 dual carriageway between Middlesbrough and Stockton on Tees.
  • Located at Cannon Park which is said to be one of the most popular business locations in the region
  • The business park has many features including 24 hour security , Lots of free car parking and is walking distance from Central Middlesbrough

Description

The Investment comprises of 5 no 2 storey Industrial Units , Ground floor stores with upper floor Offices / Stores

Each unit is let on FRI Leases .

Additional information

Service charge
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Business rates
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Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Professional management
  • Common parts wc facilities
  • Storage space
  • Wifi
  • Kitchen
  • Bike storage
  • Pets allowed
  • Security system
  • Twenty four hour access

Key features

  • Fantastic Investment Opportunity on one of the more popular estates in Middlesbrough
  • Just off the A66 and A19 junction
  • Excellent lease structure with compounded rent reviews to rpi
  • Lots of free car parking and 24 hour security

Description

Location
Mandale Park TS1 is a dynamic business park situated in Cannon Park, Middlesbrough, just a short distance from the town centre. Benefiting from excellent access to the A66 and close links to the A19, the site offers businesses a prime location with outstanding transport connectivity, making it ideal for both clients and employees.

We would like to offer to the market a wonderful freehold investment . 5 Fully Let units with a rental roll of £81,000.00 plus vat per annum.
Additional information
Service charge
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Business rates
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Use class
5
Year built
2023
Listed building
No
Floors in building
2
Planning permission
Approved
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Mandale Park, Cannon Street, Middlesbrough

NEAREST STATIONS

National Rail

Middlesbrough Station

0.7 miles

National Rail

Thornaby Station

2.29 miles

National Rail

Billingham Station

2.48 miles

About MANDALE CONSTRUCTION LIMITED, Stockton On Tees

MANDALE CONSTRUCTION LIMITED, Stockton On Tees

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.

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Disclaimer - Property reference Cannon1to5. 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 CONSTRUCTION LIMITED, 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.