Property description
The subject property is located on Borough Road approximately ¼ of a mile outside the busy town centre of Middlesbrough. Borough Road is a short distance from Teeeside University’s Middlesbrough Campus attracting a significant level of footfall.
Nearby occupiers include Subway and William Hill, with various professional services in close proximity.
The property comprises open plan ground floor retail space with kitchen and toilet facilities. The premises are situated beneath student accommodation over multiple floors and would suit a variety of uses subject to planning.
Ground Floor Retail 173 sq m (1,862 sq ft)
Kitchen/WC Facilities 23 sq m (247 sq ft)
The property is available by way of new FRI Lease for a term of years to be agreed at a rent of £17,500 pax.
We understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.
Description RV UBR
Shop & Premises £19,250 0.471
As a new occupier rights of appeal may exist against this assessment. For further information contact our Rating Department at this office.
The ingoing tenant is to be responsible for our clients reasonable legal costs involved in the transaction.
All rents, premiums and purchase prices quoted herein are exclusive of vat. All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors on 0191 383 9999.
Property Features :
- Retail Unit To Let
- Busy Town Centre Location
- Ground Floor Extending 196m2 (2,112 sq ft)
- Would Suit a Variety of Uses STP
- Nearby Occupiers Include Subway, Sainbsury´s and William Hill