Retail premises to let in Linthorpe Road, Middlesbrough TS1

Property features
- Town centre location
- Prominent position
- Suitable for restaurant use
- Road frontage
- Under student halls
- Not yet assessed for business rates
Property description
Location
The premises are situated on Linthorpe Road between the junctions of Waterloo Road and Victoria Road in central Middlesbrough, close to Teesside University and Campus.
The area is home to a number of national, regional and local occupiers including Tesco Express, Ladbrokes, The Swatters Carr – jd Weatherspoon, Iceland Supermarket, William Hill, Cha Cha Chai and Boro Bites.
Description
The premises form part of the Ground Floor of ‘Linthorpe Hall 248’ which is a high specification student halls development incorporating ground floor retail and leisure units under student accommodation on the upper floors.
The landlord is to install two glass shop fronts to the property in keeping with the adjacent occupiers and providing two self contained retail units with frontage to Linthorpe Road.
The property is suitable for a number of uses including general retail, leisure and restaurant/bar subject to planning and the necessary planning consents.
Accommodation
The property provides the following approximate floor areas:
Unit 1
Sales 217.50 sq m (2,342 sq ft)
Unit 2
Sales 217.50 sq m (2,342 sq ft)
Total 435.00 sq m (4,684 sq ft)
Rating assessment
The property has not yet been assessed by the Valuation Office and therefore interested parties should contact Middlesbrough Council for the exact rates payable.
Proposed terms
Each unit is available to let on an Fri lease for a term of 10 years subject to upward only rent reviews every 5th anniversary at a rent of £18,000 per annum.
The property is available as a whole at an annual rent of £36,000.
Service charge
The property is subject to an annual service charge. The initial service charge will be calculated at £0.60 per square foot. Full details are available on request through this office.
VAT
The prices/rent quoted are exclusive of VAT if applicable.
Viewing
Please contact Jack Robinson on Email –
Subject to Contract
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Thomas Stevenson, TS18 on +44 1642 966759 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Thomas Stevenson, and do not constitute property particulars. Please contact Thomas Stevenson 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.