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Grange Road, Middlesbrough, North Yorkshire, TS1 5AU

Key features

  • Ideal Investment / Development Opportunity
  • Convenient Middlesbrough Town Location
  • Potential for Commercial & Residential Letting
  • Flexible Commercial Space – Subject to Consents
  • Freehold Title

Description

For sale via secure sale online bidding - terms and conditions apply.

Pattinson Estate Agents are pleased to offer for sale via online auction this substantial mixed-use property situated on Grange Road, Middlesbrough, comprising a ground-floor commercial unit together with two refurbished two-bedroom flats above.

The ground floor is currently arranged and operating as a bakery, providing a versatile commercial space which could suit a variety of businesses and uses, subject to any necessary consents. The existing bakery business is not included within the sale and the commercial premises will be sold with vacant possession, giving the successful purchaser the opportunity to occupy, re-let or repurpose the accommodation.

Above the commercial premises are two separate two-bedroom flats, both of which have undergone refurbishment and will also be sold vacant. The residential accommodation provides an excellent opportunity for an investor to immediately seek tenants following completion, or potentially explore alternative letting strategies subject to the relevant regulations and consents.

The combination of commercial and residential accommodation makes this an attractive proposition for investors looking for multiple potential income streams from a single freehold investment, while the vacant possession throughout provides flexibility for the incoming purchaser.

Early viewing is recommended to fully appreciate the size, condition and investment potential on offer.

Please note: The property is being sold via online auction. Prospective purchasers should review the legal pack and satisfy themselves regarding the planning/use classification, leases/title arrangements, services and suitability of the property for their intended use prior to bidding.

Location

Located on Grange Road within Middlesbrough, the property is conveniently positioned for the town centre, local amenities and transport connections.

Tenure

Freehold. Title number CE120956.

Rateable Value

Current rateable value £4,150 (April 2026 to present). Sourced from VOA.

EPC

Available upon request. Rating D - basement and ground floor unit. Rating C -Flat 1. Rating D - Flat 2.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Grange Road, Middlesbrough, North Yorkshire, TS1 5AU

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Affordability

Monthly repayments£656
Property: £ 135,000
Deposit: £ 13,500
Interest rate: 5.05%
Term: 30 years
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Extension potential
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Disclaimer - Property reference 521042. 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 Pattinsons, Pattinsons Commercial 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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