Borough Road, Middlesbrough, North Yorkshire, TS1

£4,750,000

Size

29,585

Tenure

Ask agent

EPC

Ask agent

Parking

Ask agent

Primary use
Residential development

No floor / site plan

Key features

  • High GDV
  • Development opportunity
  • Close To University
  • In Shell Condition

Description

Harrison House - 113 Borough Road Middlesbrough

This Fantastic Ten Story Development opportunity is available to purchase, situated right in the heart of Middlesbrough Town Centre and only a stones throw away from the university campus which is home to in excess of 20,000 students.

There is huge scope to tap into the student market, this development benefits from having planning for 113 units across the ten floors, there is a part - 3 story section of this property which houses further opportunity to grow in the future.

The ground floor of the project consists of 7 studios alongside plans for a commercial unit which was once thought to of been a bar/coffee shop.

The floor footprint sizes are as follows.

Ground + First and Second - 4714.59 SqFt

Floors 3 - 9 - 2206 SqFt

Total - 29,585 SqFt Approx

Currently in an advanced stage of construction with all ground works ect done and the building fully erected ready for a developer to complete the site.

It is estimated the GDV of the property will be between 9 - 11.75 million.

A truly fantastic opportunity for a town that is undergoing huge investment such as the freeport.

All plans/drawings are availble to be shared with any interested party, please make contact.

There is scope and negotiations for the current owner to finish the site if a leasehold option was to be taken whereby one tenant rented the full property.

For Sale - £4,750,000
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
C2A, C1, C2
Listed building
Ask agent
Energy performance certificate: Ask agent

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

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Borough Road, Middlesbrough, North Yorkshire, TS1

NEAREST STATIONS

National Rail

Middlesbrough Station

0.49 miles

National Rail

South Bank Station

2.34 miles

National Rail

Marton Station

2.4 miles

About PARKER BARRAS COMMERCIAL LIMITED, North East

PARKER BARRAS COMMERCIAL LIMITED, North East

Your search history

You have no recent searches

Disclaimer - Property reference 208166037. 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 COMMERCIAL LIMITED, North East. 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.