Retail premises to let in Borough Road, Middlesbrough TS1

Location

The premises are located in close proximity to the busy junction of Borough Road and Linthorpe Road in central Middlesbrough immediately adjacent to the Teesside University Campus.

This location is very popular with specialist retailers, café bars and office occupiers providing professional services such as solicitors, estate agents, letting agents, accountants and surveyors.

Nearby occupiers include Richer Sounds, Swinton Insurance, Askew Bunting Solicitors and Michael Poole Estate Agents.

Description

The property comprises a ground floor retail / office unit most recently used as an estate agents.

Accomodation

The approximate areas are as follows.

Sales Area 42 sq m (452 sq ft)
Office 14 sq m (153 sq ft)

WC

Total Area 56 sq m (705 sq ft)

Rating assessment

The property has a current Rateable Value of £8,100. The property therefore qualifies for Small Business Rates relief. Interested parties should contact Middlesbrough Council for the exact rates payable.

Tenure

The premises are available on a new lease for a term of years to be agreed at a rental of £11,000 pa. The lease will be drawn on an effectively full repairing and insuring basis on the part of the tenant.

Legal costs

Each party will be responsible for their own legal costs in connection with the transaction.

Viewing

Please contact Paul Stevenson