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Middlesbrough, 108 Trimdon Avenue

Rent: £14,500 - £14,500

Region: Teesside

Town/City: Middlesbrough


SITUATION
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.

 

ACCOMMODATION
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.

Internal Width 5.30m 17’4“
Built Depth 11.00m 36’01”
Ground Floor Sales 58m² 623ft²
Staff Kitchen/WC 5m² 55ft²

LEASE TERMS
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.

 

EPC
An Energy Performance Assessment has been arranged and a full copy will be available soon upon request.

 

BUSINESS RATES

Rateable Value £10,750
2020/2021 UBR £0.499
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.

 

SERVICE CHARGE
A service charge is payable to cover the costs of the maintenance and management of the common parts. Further details available upon request.

 

COSTS
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.

 

VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210

Property type: Retail

Rateable value: £10750

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