Property for sale in Borough Road, Middlesbrough TS1

Offers in region of £260,000
Interested in this property? Call +44 1642 966227 * or Request Details

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Property for sale - 2 bedrooms

2 1 1

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Year Ended 30 September 2022 - turnover £94,174
  • Residential flat rental income - £100 per week. Working tenant who has been in situ since 1/4/2021
  • Huge potential to increase both the business turnover and the rental income (although it is being sold with the residential tenant in situ)
  • Located on a main thoroughfare into Middlesbrough Town Centre area, close to the University of Teesside.
  • The business is sold as a going concern with all relavant equipment and machinery included in sale
  • ** viewings are strictly by appointment only **
  • Full lease information and business accounts will be offered to those who can prove their financial ability to proceed.

Property description

'the italian job' - A true middlesbrough culinary institution and the winner of middlesbroughs best sandwich shop in 2014! An opportunity has emerged to purchase one of middlesbroughs most longstanding businesses, which comes as A freehold 'going concern' including the premises, business and additional residential accommodation (A maisonette with its own entrance) set above which is currently let to A long term tenant. The business has proudly been operating in middlesbrough since 1993 as the 'italian job', and after leaving its former premises due to council buy back re- opened on borough road in 2016 bringing much of the former fan base with it. The premises / accommodation is spread over three storeys. This would be ideal for A hands-on operator to come in and take on the baton and take the business forward whilst enjoying additional income from the maisonette.

*** Ground Floor Retail Unit ***

Shop Front / Retail Area (3.741 x 7.343 (12'3" x 24'1"))

Kitchen (4.344 x 2.414 (14'3" x 7'11"))

Store (2,43 x 3.11 (6'6", 141'0" x 10'2"))

Covered External Store

Lobby

*** First Floor Flat ***

Hallway

First Floor

Landing

Reception Room (4.702 x 3.293 (15'5" x 10'9"))

Kitchen (3.348 x 3.151 (10'11" x 10'4"))

Bathroom

Second Floor

Landing

Bedroom 1 (Front) (5.079 x 3.377 (reduced head clearance) (16'7" x 11)

Bedroom 2 (2.583 x 3.145 (reduced head clearance) (8'5" x 10')

Exterior

A wall enclosed yard to the rear

Property info

Floorplan(s): Boroughroad-High.Png

Boroughroad-High.Png View original

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For more information about this property, please contact
Progression Property, TS5 on +44 1642 966227 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Progression Property, and do not constitute property particulars. Please contact Progression Property 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.

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