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High street retail property to lease

Linthorpe Road, Middlesbrough, North Yorkshire, TS1

£1,313 pcm
£15,750 pa

£6.87 per sq ft

Business rates & charges may apply

Thomas : Stevenson, Middlesbrough
SIZE AVAILABLE

2,292 sq ft

213 sq m

SECTOR

High street retail property to lease

USE CLASSUse class orders: Class E

E

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Available for Sale or To Let
  • Town Centre Retail Premises
  • Located Close to the Pedestrianised Part of Middlesbrough and Teesside University
  • Numerous Restaurants, Bars and Micro-Pubs Close By
  • Ground Floor Retail Unit, Rear Stores & Ancillary Rooms on Upper Floors
  • End Terraced Three Storey Building
  • Suitable for a Variety of Retail/Commercial Units Subject to Necessary Consents
  • Potential to Convert Upper Floors to Residential (Subject to necessary consents)
  • Available to Let at £15,750 pa
  • Freehold Premises are also Available For Sale at an Asking Price of £160,000

Description

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.

Brochures

Linthorpe Road, Middlesbrough, North Yorkshire, TS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.4 miles
  • South Bank Station2.5 miles
  • Marton Station2.6 miles

About Thomas : Stevenson, Middlesbrough

Wellington House Wellington Court Preston Farm Business Park Stockton-On-Tees TS18 3TA

Focusing on Commercial Property Consultancy Thomas : Stevenson primarily deal with shops, offices, industrial property and land. Our team has over 40 years combined experience at a senior level and specialises in the Teesside, North Yorkshire and wider north east commercial property markets.

We have a proven track record in all aspects of the commercial property market.

Notes

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