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122 Linthorpe Road, Middlesbrough, TS1 2JR

£150,000

under-offer leasehold

Key information

  • retail
  • Middlesbrough
  • 2292 sqft
  • Central Middlesbrough, near pedestrian zone.
  • Within 0.25 miles of Teesside University.
  • Near major brands and nightlife streets.
  • 213 sq m (2,292 sq ft) across 3 storeys.
  • 72 sq m (775 sq ft) ground-floor sales area.
  • Roller shutter entry to shared covered yard.
  • Upper floors suit residential conversion.
  • Former bar adaptable for retail/commercial
  • Asking price in the region of £150,000.

Description

Three storey freehold property in central Middlesbrough for sale for c.£150,000. Located on Linthorpe Road near Teesside University, the (2,292 sq ft) former bar/restaurant features a ground-floor retail unit with potential for residential conversion upstairs. Rates: £18,000 RV. VAT exclusive.

BROCHURE
LOCATION

The premises are situated on the western side of Linthorpe Road between the junctions of Bedford Street and Baker Street in central Middlesbrough, close to the pedestrianised part of the town centra, and within 0.25 miles of Teesside University.

The area is home to a number of national and regional occupiers including McDonalds, Savers, Lloyds Bank and German Doner Kebab. Bedford Street and Baker Street with their numerous restaurants, micro-pubs and bars are close by.

DESCRIPTION

The building comprises an end-terraced three storey building of traditional brick construction under a pitched slate covered roof arranged to provide a ground floor retail unit with rear stores and ancillary rooms across the upper floors. The ground floor unit benefits from roller shutter access to a shared covered yard.

Most recently occupied as a bar and restaurant, subject to the necessary planning consents, the property is suitable for a variety of retail and commercial uses.

The building also offers potential for residential conversion across the upper floors.

ACCOMMODATION

The property has the following approximate areas:

Ground Floor Sales:    72.00  sq m  (   775 sq ft)

First Floor:     37.20 sq m  (   400 sq ft)

Second Floor:  103.80 sq m  (1,117 sq ft)

Total:  213.00 sq m  (2,292 sq ft)

PROPOSED TERMS

The freehold premises are available for sale with offers in the region of £150,000 considered.

RATING ASSESSMENT

The premises have a Rateable Value of £18,000. Interested parties should contact Middlesbrough Council for the exact rates payable.

LEGAL COSTS

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

VAT

The prices/rents stated are exclusive of VAT if applicable.

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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