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PASSAGEWAY, LINTHORPE ROAD, MIDDLESBROUGH, TS1 5BS

£45,000

£4,800 /pa
for-sale-let freehold

Key information

  • land
  • Middlesbrough
  • 1569 sqft
  • High-footfall, pedestrianised Linthorpe Road near major retailers.
  • Vacant, secure plot historically used as a trading pitch.
  • Covered Area: Approximately 358 sq ft
  • Open Area - approx 1,212 sq ft
  • No connection to electricity, water, or gas networks.
  • Secure gated front entry and push bar exit to Newport Crescent.
  • Offers in the region of £45,000 considered to purchase
  • £400 per calendar month (£4,800 per annum)
  • Exempt from VAT and business rates
BROCHURE
LOCATION

The property is situated on the western side of Linthorpe Road adjacent to Card Factory, opposite Sports Direct and close to the junction of Corporation Road and Linthorpe Road. The property is positioned within the pedestrianised part of the town centre and benefits from good footfall.

The area is home to a number of national and regional occupiers including Deichmann, Market Cross Jewellers, Darlington Building Society, Holland & Barrett and Vodafone. An entrance to the Cleveland Centre is positioned diagonally opposite.

DESCRIPTION

The property comprise a parcel of land historically forming a passageway connecting Newport Crescent with Linthorpe Road offering a visible and covered market trader pitch on the pedestrianised area of Linthorpe Road.

Previously partially occupied by the successful Denis McMahon Fruiters for over 25 years. The property is available with vacant possession.

The premises are not connected to electric, water or gas but benefit from secure gated access to the front and right of way to Newport Crescent via a secure emergency gate.

The occupiers of 39 - 45 Linthorpe Road hold access rights over the entire of the land but it is understood that this right  has not exercised over the covered area fronting Linthorpe Road. The occupiers instead exit via Newport Crescent.

This is an excellent opportunity for a market trader including florist, fruiter or barista subject to planning and the necessary consents.

ACCOMMODATION

The property has the following approximate areas:

Depth         7.11 m  (    23 ft 4in)

Average Width         2.82 m  (      9 ft 3in)

Frontage         3.90 m  (    12 ft 9in)

Covered Area                 33.22 sq m  (   358 sq ft)

Open Area                     112.59 sq m  (1,212 sq ft)

PROPOSED TERMS

The freehold premises are available for sale with offers in the region of £45,000 considered.

The premises are available to let on a full repairing and insuring lease for a term of years to be agreed at an asking rent of £400 per calendar month (£4,800 per annum).

RATING ASSESSMENT

Business Rates are not applicable.

VAT

The premises are not elected for VAT.

LEGAL FEES

Each party is to be responsible for their own fees in regard to this transaction.

VIEWING

Strictly by appointment through this office only.

Contact –   Jack Robinson

Email -  jack@thomas-stevenson.co.uk

Tel -  01642 713303

Subject to Contract

For more information call us on

01642 713303

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