Rent: £16,000 - £16,000
The property sits within Trimdon Avenue Shopping Parade, in Acklam a substantial residential area, approximately 3 miles south west of Middlesbrough town centre. The parade benefits from ample forecourt parking and the opportunity to generate income from the vacant first floor flat/garage.
An end terraced two storey building comprising a ground floor retail unit with customer/staff WC facilities, private garage to the rear and a 2 bed first floor flat.
|Ground Floor Sales||58m²||623ft²|
The premises are occupied by way of an existing effective FRI lease expiring 1 st June 2025 at a passing rental of £14,500 per annum exclusive.
Sub Leases and Short-Term Deals will be considered subject to negotiation.
An Energy Performance Assessment has been arranged and a full copy will be available soon upon request.
|Estimated Rates Payable||£5,365|
Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
A service charge is payable to cover the costs of the maintenance and management of the common parts. Further details available upon request.
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
For enquiries, viewing, and general information, please contact:
M: 07949 938210
Property type: Retail
Rateable value: £10750
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