Commercial Street, Middlesbrough

LOCATION

The property is situated on Commercial Street, off Durham Street, within an established commercial and industrial area, around 0.5 miles to the north of Middlesbrough town centre.

The area benefits from easy access to the A66 dual carriageway which provides direct links to Teesport/Redcar to the east, and to Middlesbrough centre, Stockton on Tees and Darlington to the west.

The A19, the principal north/south trunk route that links Teesside to Wearside and Tyneside to the north, and the A1(M) to the south lies some 2.5 miles to the west.

DESCRIPTION

The property comprises an end terrace workshop/warehouse together with refurbished two storey office block and staff amenities.

The warehouse is of steel portal framed construction and benefits from an eaves height of circa 10.8 metres, and a floor to ridge height of around 12.8 metres.

There is a steel roller loading door to the rear elevation and a works office within the main warehouse area. The warehouse benefits from overhead gantry craneage with a 10,000 kg capacity.

The two storey office block, which has been refurbished throughout, provides modern office accommodation with the following specification:

LED lighting
Suspended ceiling
Sensor activated lighting
Electric wall heaters

The office areas provide a variety of office, store and meeting rooms together with kitchen/canteen area, male & female disabled toilets.

The building benefits from a forecourt area to the front of the office block suitable as a staff break out and picnic area.

ACCOMMODATION

The property provides the following approximate areas:

Warehouse 937.68 sq m / 10,093 sq ft

Offices 191.64 sq m / 2,063 sq ft

Total 1,129.32 sq m / 12,156 sq ft

PROPOSED TERMS

We are instructed to seek rental offers based on £75,000 per annum, on a new full repairing and insuring lease for a term of years to be agreed.

If the freehold is of interest please contact Thomas Stevenson direct to discuss.

RATEABLE VALUE

The property is assessed for business rates as follows –

Rateable Value – £30,200
List Description – Workshop & Premises

Interested parties should contact Middlesbrough Borough Council to establish the precise rates that would be payable.

ENERGY PERFORMANCE CERTIFICATE

The property has an EPC Rating of C.

LEGAL COSTS

Each party will be responsible for their own legal costs.

VIEWING

Interested parties should contact our office on to arrange viewings.

Jack Robinson –

Richard Stevenson –

VAT

We are advised that VAT will be payable on the rent.

Subject to Contract