REQUEST DETAILS

Agent details

This property is listed with:
Bradley Hall , Grey Street
14-16, Grey Street, Newcastle Upon Tyne,
Telephone:
0191 2328080
 

Full Details for Property for sale in Middlesbrough, TS1 :

SITUATION

The subject property is located on Borough Road approximately ¼ of a mile outside the busy town centre of Middlesbrough. Borough Road is a short distance from Teeeside University’s Middlesbrough Campus attracting a significant level of footfall.

Nearby occupiers include Subway and William Hill, with various professional services in close proximity.

DESCRIPTION

The property comprises open plan ground floor retail space with kitchen and toilet facilities. The premises are situated beneath student accommodation over multiple floors and would suit a variety of uses subject to planning.

 

ACCOMMODATION

Ground Floor Retail       173 sq m (1,862 sq ft)

Kitchen/WC Facilities       23 sq m    (247 sq ft)

 

TERMS

The property is available by way of new FRI Lease for a term of years to be agreed at a rent of £17,500 pax.

 

RATING ASSESSMENT

We understand that the rating assessments on the premises as at 1 April 2010 is  as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.

 

Description                   RV                    UBR

Shop & Premises          £19,250             0.471

 

As a new occupier rights of appeal may exist against this assessment.  For further information contact our Rating Department at this office.

 

 

LEGAL COSTS

The ingoing tenant is to be responsible for our clients reasonable legal costs involved in the transaction.

 

 

VAT

All rents, premiums and purchase prices quoted herein are exclusive of vat.  All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.

 

VIEWING

For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors on 0191 383 9999.


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