Property description
SITUATION
The subject property is located on Roman Road, Linthorpe, Middlesbrough. Linthorpe is a built up residential area with good transport links into Middlesbrough Town Centre situated approximately 1.5 miles away. Roman Road is a secondary retail location and nearby occupiers includes Subway, Tesco Express and William Hill.
ACCOMMODATION
The accommodation comprise as follows:
53 Roman Road
289m²
(3,110.7ft²)
55 Roman Road
28.2m²
(303.5ft²)
57 Roman Road
30.1m²
(324ft²)
59 Roman Road
23m²
(247.5ft²)
TERMS
The properties are available by way of new FRI lease for a term of years to be agreed at the following rentals.
53 Roman Road – £25,000 per annum
55 Roman Road – Rental Offers Invited
57 Roman Road – Rental Offers Invited
59 Roman Road – Rental Offers Invited
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
53 Roman Road
£12,500
£5,887.50
55 Roman Road
£3,350
£1,577.85
57 Roman Road
£3,600
£1,695.60
59 Roman Road
£2,500
£1,177.50
We are advised that the rateable value of the premises as at 1 April 2010 are as above and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
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.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.