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Middlesbrough, 71 – 73 Linthorpe Road

Rent: £50,000 - £50,000

Sale price: £Price on Application

Region: Teesside

Town/City: Middlesbrough


SITUATION
The unit is positioned on the pedestrianised prime stretch of Linthorpe Road, located directly opposite the Cleveland Shopping Centre and adjacent to the main link through to the Captain Cook Square retail scheme, where occupiers include T K Maxx, T J Hughes and Wilko.

 

ACCOMMODATION
The mid terrace unit comprises of four floors, with a rear yard that could provide parking for 4 vehicles.

Internal Width 10.72m 35’2“
Shop Depth 15.85m 52’0”
Ground Floor Sales 163m2 1,754ft2
Ground Floor Staff/Stores 47m² 504ft²
First Floor 80m2 862ft2
Second Floor 78m2 840ft2
Basement 90m2 965ft2

LEASE TERMS
A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £50,000 per annum exclusive.  Freehold Price available on application.

 

EPC
The property has an Energy Performance Certificate of Band D (82). A full copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value (Ground Floor) £63,000
2020/2021 UBR £0.512
Estimated Rates Payable £32,256

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority. The upper floors of the premises have separate assessments, 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 us or our joint agents:

Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210

or

Dan Turner of Jackson Criss (0207) 637 7100

Property type: Retail

Rateable value: £63000

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