Commercial property for sale in For Sale: 135-137 Linthorpe Road, Middlesbrough TS1
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Property description
Location:
The property is positioned close to the junction of Linthorpe Road and Borough Road, in a parade of shops. This section of Linthorpe Road is close to the original Town Centre. The road benefits from very high footfall..
Linthorpe Road offers a wide range of retail, food and hospitality venues (amongst others) and the frontage provided by this property gives excellent, double width visibility.
Description:
The property is laid out as follows:
Ground Floor Retail
-1,100 sqft / 100.24 sqm
-Income £18,000 per annum
-Occupier: Not Just Vape
First Floor Residential
-5 studio apartments
-Income £33,000 per annum
-Each occupier paying £550 pcm
The property products a yearly income of £51,000.
Rateable Value:
The rv for the Retail Premises is £19,250 as of 18-05-22
Terms:
Freehold Sale
Viewing:
Contact Magnum Properties, Linthorpe Rd, Middlesbrough on or email
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Magnum Properties NE Ltd, TS1 on +44 1642 966585 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Magnum Properties NE Ltd, and do not constitute property particulars. Please contact Magnum Properties NE Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.