Property for sale in Linthorpe Road, Middlesbrough TS5

** A prime located mixed investment opportunity offering A ground floor commericial unit, and two further floors each offering A self contacined apaertment. Currently the building in full is creating an income of £21,000, offering immediate returns for any purchasing investor **
Located on one of the most bustling thoroughfares through Middlesbrough Town Centre, Linthorpe Road, this prime mixed-use building offers superb potential for any incoming investor to enjoy immediate returns. Positioned on a parade of shops with a strong footfall, and within 0.5 miles from the University Of Teesside, there is always a strong tenant demand from both residential and commercial tenants. Further information on request. Viewings will only be authorised to parties that are able to prove their financial position and ability to proceed.

Lease / Income Information

The commercial premises are let on a 5 year lease signed in August 2021 for an annual rent of £10,800, with an agreed increase to £11,400 in August 2023.

Flat 1 generates an income of £450 pcm, and Flat 2 generates an income of £400 pcm.

Full lease details will be released to those that have demonstrated their financial ability to proceed.