Retail premises to let in Cleveland Centre, Linthorpe Road, Middlesbrough TS1

POA
Retail premises to let
Interested in this property? Call +44 330 038 7422 * or Request Details

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Property features

  • Prime High Street lease available by way of assignment
  • Benefiting from an attractive corner position at the cross road with Corporation Road and Newport Road
  • Surrounding occupiers on the pedestrianised junction include Debenhams, House of Fraser and Flannels / Sports Direct.

Property description

Location
The property is situated in a 100% prime location on pedestrianised Linthorpe Road, benefiting from an attractive corner position at the cross road with Corporation Road and Newport Road. Surrounding occupiers on the pedestrianised junction include Debenhams, House of Fraser and Flannels / Sports Direct The property is also in close proximity to The
Cleveland Shopping Centre and the Hill Street Shopping Centre, two of the anchor schemes in the town centre. Other nearby operators include Foot Asylum, Caffé Nero, Goldsmiths and Deichman

accommodation
The property is based over ground floor, first, second and third floor with good rear loading via a service yard. The unit provides the below accommodation:

Ground Floor nia
146.51 sq m
1,577 sq ft

First Floor nia
119.47 sq m
1,286 sq ft

Second Floor nia
100.15 sq m
1,078 sq ft

Third Floor nia
38.55 sq m
415 sq ft

lease terms
The premises are available an assignment of the existing 35 Year eFRI lease from 23 August 2005. The passing rent at the property £174,000 per annum. The property is however available on a sub lease basis at a lower rent.

Rent
For further information on the rent please contact the retained agents.

Rating assessment
@retail are verbally advised by Middlesbrough Council that the rateable value for the property is as below.

Rateable Value
£73,500

Rates Payable 2019/20
£58,259.15

Interested parties should confirm the current position with the Local Authority.

Legal costs
Each party to be responsible for their own legal costs incurred in connection with any transaction.

VAT
All figures quoted in these terms are exclusive of VAT where chargeable.

Energy performance certificate
The property has an Energy Performance is available for inspection if required.

Viewing
Strictly by appointment with retained agents @retail:
Ian Angus
@retail

Property info

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For more information about this property, please contact
@retail, NE28 on +44 330 038 7422 * (local rate)

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Disclaimer

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